Thursday, December 15, 2016
Saturday, November 19, 2016
Friday, October 28, 2016
Thursday, September 29, 2016
Tuesday, September 27, 2016
Monday, September 26, 2016
Monday, August 15, 2016
Sunday, July 31, 2016
Friday, July 29, 2016
Monday, July 18, 2016
Friday, June 24, 2016
Re Brexit
...the pundits underestimated the immigration sentiment.....the Bremains all got it wrong.....
Friday, May 20, 2016
Sunday, May 15, 2016
Wednesday, April 20, 2016
Sunday, April 17, 2016
Tuesday, March 22, 2016
A concise analysis of our present (disastrous) situation including Trump, Clinton et al
Mar 22, 2016 The Decline and Fall of the American Empire Bob Moriarty 321gold ..
"Enjoy the election season. It may well be the last. "
"Enjoy the election season. It may well be the last. "
Monday, March 21, 2016
Sunday, February 14, 2016
Wednesday, February 3, 2016
Thursday, January 28, 2016
Tuesday, January 26, 2016
Wednesday, January 20, 2016
Monday, January 18, 2016
Saturday, January 16, 2016
Wednesday, January 6, 2016
Saturday, January 2, 2016
Is a 985 PE "too high"? David Stockman thinks so
The Next Big Short——Jeff Bezos’ Brobdingnagian Bubble | David Stockman's Contra Corner
Indeed, Amazon’s $325 billion valuation is just plain irrational exuberance having one last fling. Spasms like this year $180 billion gain (125%) on the AMZN ticker or the $190 billion gain (55%) on the GOOG account are absolutely reminiscent of the final days before the tech wreck exactly 15 years ago.
In a recent post I demonstrated how the 12 Big Cap Techs of 2000—-led by Microsoft, Intel, Dell and Cisco——-saw their combined valuation soar from $900 billion to $3.8 trillion in the 48 months leading up to the March 2000 peak; and that they then plunged to just $875 billion a decade later.
Indeed, Amazon’s $325 billion valuation is just plain irrational exuberance having one last fling. Spasms like this year $180 billion gain (125%) on the AMZN ticker or the $190 billion gain (55%) on the GOOG account are absolutely reminiscent of the final days before the tech wreck exactly 15 years ago.
In a recent post I demonstrated how the 12 Big Cap Techs of 2000—-led by Microsoft, Intel, Dell and Cisco——-saw their combined valuation soar from $900 billion to $3.8 trillion in the 48 months leading up to the March 2000 peak; and that they then plunged to just $875 billion a decade later.
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