After The Cliff
NOTE: Every week or two I wrote a Client Note for my clients. I post the notes to my blog but with a time delay usually between 1 day and 1 week. To receive the Client Notes at the same…
Top Gun FP Client Note: The Bear Market Of 2012
NOTE: Every week or two I write a Client Note for my clients. For a limited time, I am allowing non-clients to sign up and receive it at the same time as my clients. You can sign up at the top…
Top Gun FP Client Note: The Road Map Into Year End
NOTE: Every week or two I write a Client Note for my clients. For a limited time, I am allowing non-clients to sign up and receive it at the same time as my clients. You can sign up at the top…
The Economic Plan We Need
I wrote this in response to a friend who said he agreed with Goldman Sachs that austerity is the biggest threat to the economy. After all, look at Britain (see, for example, “Why Budget Cuts Don’t Bring Prosperity”, David Leonhardt, The New…
Top Gun FP Client Note: Going With The Flow Into Year End
NOTE: Every week I write a Client Note for my clients. For a limited time, I am allowing non-clients to sign up and receive the Client Note. You can sign up at the top right hand corner of the website. …
Top Gun FP Client Note: The Rally In Context
NOTE: Every week I write a Client Note for my clients. For a limited time, I am allowing non-clients to sign up and receive the Client Note. You can sign up at the top right hand corner of the website. …
Hedge Fund Manager Daniel Loeb, Former Obama Supporter, Blames Policy For Economic Stagnation
On Friday, hedge fund manager Daniel Loeb, manager of the $3.3 billion Third Point Partners, sent his second quarter letter to his partners. The letter, which criticizes heavy handed government policy for stifling economic recovery, is causing a stir and has been circulating widely among…
Top Gun FP Client Note: Unusually Uncertain
TOP GUN STRATEGY SESSION WITH CHARLES KIRK OF THE KIRK REPORT, FRI AUGUST 6 AT 12PM EST: Click here to participate in the strategy session. ***** The economic outlook remains unusually uncertain. – Ben Bernanke, Semiannual Monetary Policy Report To…
Mega-Banks Increasing Market Share; The Economy Of Pull
The financial-overhaul bill that will be signed into law by President Barack Obama on Wednesday won’t address one of the most far-reaching consequences of the recent crisis: Market power is concentrating in the hands of the nation’s largest banks. Fortified…
Goldman Settles Sham Suit With SEC
The SEC announced a few minutes ago that they settled their suit against Goldman Sachs (GS) for $550 million. Goldman did not admit or deny the SEC’s allegations though it acknowledged that its marketing materials for the ABACUS synthetic CDO were incomplete…