4 July 2009

Happy 4th of July everyone.

The Absolute Return Letter, July 2009 “You can’t beat deflation in a credit-based system.”-Robert Prechter The great debate As investors we are faced with the consequences of our decisions every single day; however, as my old mentor…

Credit is still tight despite the low Libor rates and other signs that market stress has died down. Case and point is an item I ran across on the Norwegian site E24. Apparently, Amsterdam is losing revenue as its prostitutes in the red…

Happy 4th of July, America. I Know This Much Is True - Barrons.com An interview with "Random Walk" Author Burton Malkiel. He talks about China and more. The human cost of businesses entering administration is high -…