Wednesday, March 31, 2021

Bull Market Bull

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Bull Market Bull

Bull Market Beset by Too Many Misconceptions What have we learned in the one year since equities crashed? Bloomberg, March 28, 2021       To hear an audio spoken word version of this post, click here.   It’s been one year since equity markets bottomed, beginning an epic rally that confounded and caught so many…

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Leverage: Fantastic on the Way Up, Hideous on the Way Down

Yesterday’s Bloomberg TV hit discussing how excess leverage helped to bring down the hedge fund Archegos Capital Management.   ‘Shocking’ That Finance Can’t Learn From History Source: Bloomberg, March 30th, 2021  

The post Leverage: Fantastic on the Way Up, Hideous on the Way Down appeared first on The Big Picture.


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10 Wednesday AM Reads

My mid-week morning train WFH reads: • Why Is It Busy on the Waterfront? Americans Are on a Shopping Spree. Monthly cargo volumes at the Port of New York and New Jersey have set records and strained port operations. Cargo volumes were up to 23 percent higher each month from August through December 2020, compared…

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  Barry Ritholtz
Barry L. Ritholtz is the founder and chief investment officer of Ritholtz Wealth Management. He was named one of the "15 Most Important Economic Journalists" in the United States, and has been called one of The 25 Most Dangerous People in Financial Media.
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