Monthly Archives: October 2011

A bit of historical perspective…

The markets definitely seem excited about the euro-zone plan to hair-cut Greek debt and lever the EFSF (basically levering debt to solve a debt problem with money you hope to raise from Asian investors who you’re already indebted to…interesting), but … Continue reading

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Where will the money go?

In early September we posted a handful of charts on how historic the recent market volatility has been and how unhealthy these swings are (especially for investor psychology, see link).  The broad market S&P500 rocketed 4.2% in the last 45 minutes of trading today (that’s … Continue reading

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