Monday, July 24, 2017

Giver a look to the PE and margin debt charts here

Von Greyerz: "We Are Now In The Frightening Endgame" | Zero Hedge

Sunday, May 7, 2017

Sad, but true


A sound banker, alas! is not one who foresees danger and avoids it, but one who, when he is ruined, is ruined in a conventional and orthodox way along with his fellows, so that no one can really blame him.

— John Maynard Keynes