Central Banks and Moral Hazard
Monday, 26 October 2009 | 2:09 am
It is time for central banks to back away. Not from raising or cutting rates. It is time for them to extricate themselves from any activities that might distort market prices. It is time for governments to back away. The economic purpose of government should be to provide frameworks and systemic infrastructure, and to only
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Investment Strategy and Asset Allocation
Monday, 12 October 2009 | 1:57 pm
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Are Equities (and other risky assets) Overvalued?
Thursday, 08 October 2009 | 2:45 pm
Its the beginning of the 4th quarter and the 3rd quarter performance results and commentaries from the hedge fund managers are coming in thick and fast. A common thread runs through most of them. Risky assets are over-valued.
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Morgan Stanley Hedge Fund Forum
Wednesday, 30 September 2009 | 10:22 am
The Morgan Stanley Hedge Fund Forum 2009 was very interesting this year.
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Where is the S&P500 Going? Another Unscientific Look
Tuesday, 15 September 2009 | 7:17 am
Betting, Outright Gambling on the Stock Market On 19 Feb 2009 I wrote an article arbitrarily calling for the S&P 500 to bottom at 650. Where is the S&P500 Going? An Unscientific Look. It bottomed out on 9 Mar 2009 at 676.
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