This May has been the worst May for stocks since 1940
Refresh your Euro Crisis Tracking software accordingly.
Your morning financial links, expertly curated.
361 Capital portfolio manager, Blaine Rollins, CFA, previously manager of the Janus Fund, writes a weekly update looking back on major moves, macro-trends and economic data points. The 361 Capital Weekly Research Briefing summarizes the latest market news along with some interesting facts and a touch of humor.
The Facebook IPO just fucking broke 29 to the downside. I’ve never seen anything like this in terms of hype turning to horror so quickly. My favorite contemporary folk artist, WilliamBanzai7 goes in on the social media madness below… Much more here: Social Media Confidential (Zero Hedge)
In hindsight, I knew I should have held my first annual PENETRATE! conference before the whole Facebook megillah.