Worldwide Economies – Be Prepared for the Worst!
(B) We have moved quickly from a pre-Covid economic world that was characterized by: To a past-Covid economic world characterized by: To the exception of energy stocks which returns are […]
Modern Portfolio Theory Updated?
(B) The stock market in 2020 has been one of the weirdest ones that I ever witnessed, as it was insanely disconnected from the economy. While the economy shrunk due […]
No (Economic) Clarity until 2022
(B) I watched Blackstone Q4 quarterly webcast, titled “no clarity until 2022”, on the financial markets. That webcast was prepared by Blackstone’s Byron Wien and Joe Zidle. I enjoy listening […]
SnowFlake Upcoming IPO
(B) The recent surreal time, due to Covid 19, has been a challenge for many start-ups in Silicon Valley since the capital markets have been dried for new IPOs. Without […]
Covid-19 – Day 125: 2020 Covid-19 Recession = No Cash Flows + Furlough + Layoffs
(E) The 2020 Covid-19 Recession = No Cash Flows + Furlough + Layoffs. Companies, and in particular small businesses, that have no cash on their balance sheets are suffering, and […]
COVID-19 – Day 124: Goldman Sachs 2nd Quater GDP Contracting by 24%
(E) CNBC reported the latest economic forecast of Goldman Sachs. Economists, at the financial firm, are forecasting a historically sharp and swift recession, with second-quarter GDP sinking a stunning 24% […]
The Timing of the Next Recession and The Negative-Yielding Bond Bubble
(B) I watched Blackstone Q4 quarterly webcast on the financial markets. That webcast was prepared by Blackstone’s Byron Wien and Joe Zidle (I listened regularly to Byron Wien to understand […]
Biggest Intraday Plunge for the Dow: 1,600
(B) The Dow’s highest closing record was 26,616.71 set on January 26, 2018. On Friday, the Dow fell by 666 points and dropped below 25,000. Today, Monday, it fell briefly by […]
Dow 25,000: Enjoy the Ride – be Ready for the Storm
(B) Did your financial adviser ever tell you that your 401K portfolio will grow on average by 7% a year? Well in 2017, with a diversified portfolio invested in domestic […]
Byron Wien’s Ten Surprises for 2018
(B) There are a few long-timers on Wall Street that I will stop whatever I am doing to listen to them on Bloomberg or CNBC. One of them is Byron Wien from […]
Financial Markets in 2016: Volatility and Pains?
(B) The major U.S. stock market indexes closed out this week with losses of nearly 6% or more as concerns about China and a global economic slowdown is persisting. And […]
Dow Down 1000 this Morning – Fundamentals Valuations and Psychology
(B) At the same time that I was taking my breakfast this morning, I heard about the Dow Jones Industrial Average down by 1,000 points! To try to understand […]
Professor Schiller – In Search of a Stable Electronic Currency
(B) Yale Professor’s and Nobel Prize winner’s in economy Professor Schiller wrote a must-read article yesterday about Bitcoin in the New York Times: In search of a stable electronic currency. Professor Schiller […]
The Cloudy Outlook for Emerging Markets
(B) Since last year, the headlines for emerging markets have not been very sunny to say the least. But there are starting for 2014 to be even worse. There is […]
Byron Wien’s Ten Surprises for 2014
(B) There are a few long-timers on Wall Street that I will stop whatever I am doing to listen to them on Bloomberg or CNBC. One of them is Byron Wien from […]
The Best and Worst Investments of 2013
(B) Today Bloomberg published a summary of the best and worst investments of 2013 (http://bloom.bg/IHVd1n). US stocks have been doing extremely well, energy funds are slightly positive, real estate funds […]
Fama Shiller and Hansen Win Nobel Prize for Research in Asset Pricing
(B) When I was a kid, we were always laughing at the forecast of the weather on TV. Now, weather forecasts are extremely detailed and accurate. Since I have been […]
PIMCO Bill Gross and BlackRock Larry Fink Back at UCLA Anderson
(B) The world’s largest bond mutual fund manager, PIMCO’s Bill Gross, and the world’s largest asset manager, BlackRock’s Larry Fink, two graduates from the UCLA Anderson School of Management (where the author […]
Repair and Reform the Only Way to Growth
(B) Last week, Chairman Ben Bernanke signaled that the current Feds’ program of bond purchases of $85 billion a month (or QE – quantitative easing forever) will slow later this […]
BMC Going Private for $6.9B
(B) After Dell earlier this year, a second major LBO event for a technology firm: BMC Software, a provider of IT management software signed a definitive agreement to be acquired for […]
Dell Going Private
(B) Probably one of the best comments that I have read about Dell going private is the Bloomberg interview of Edward Conard, a former private equity investor from Bain Capital. […]
Byron Wien’s Ten Surprises for 2013
(B) There are a few long-timers on Wall Street that I will stop whatever I am doing to listen to them on CNBC. One of them is Byron Wien from the Blackstone […]
No To a Collapsing Europe and the Return of the Great Recession
(B) We did painfully learn in August of this year, during the US debt ceiling crisis, how it is difficult for one country to do the right “thing”. Now imagine, […]
The Public Debts of the Developed Nations Could Well Lead to the Next Financial Crisis
(B) For the present academic year, some of the staff and faculty of the University of California at Berkeley, one of the most prestigious universities of the US, are on […]
Can Mobility Drive the NASDAQ to a New Bull Market?
(B) This week on CBNC, our hyper-energetic investor guru Jim Cramer made on his show Mad Money a wild prediction: the 12 day winning days that the Nasdaq had until it came to an […]
A Silicon Valley Insider 