Serious investment thinking that doesn’t take itself too seriously.
The big chill of recession and a banking panic now haunts black gold, exactly as it did in the last six months of 2008 when Brent crude plunged from $148 a barrel in July to...
The data and price action last week reinforce my conviction that Wall Street risk assets are now in a classic Catch-22, heads I win/tails you lose scenario. The strong economic...
I wrote a post on global equities and discussed Bob Iger's return to Walt Disney earlier this week. Coincidentally, I had lunch on Wednesday with an old friend who happens to be...
My head is full of grizzly mania, the Russian bear is trapped in Ukraine's military bear trap and the black gold bears are laughing all the way to the bank as Brent tanks to $76...
Blackstone, the LBO boutique founded by legendary Lehman partners Pete Peterson and Stephen Schwarzman, was the flagship IPO of the credit bubble era in 2007. My RMs at Morgan...
The cockroach theory in Wall Street contends that for every one cockroach you see, there are 100 hidden in the woodwork. We saw four Big Tech cockroaches in this earnings season:...