The Chinese stock market has effectively doubled over the past year and a full-scale mania has gotten underway with mainland individual investors opening millions of brokerage accounts a month. This is a good thing, not a bad thing, as the remaining phase of China’s economic rebalancing must include a consumer component to offset the declining…
These were the most read posts on the site this week, in case you missed it:
This is the best time to raise money ever. It might be the best time for any kind of business in any industry to raise money for all of history
Meet the team in the Bay Area next month!
The wonderful production crew behind CNBC’s Halftime Report really did a number on me today in the second to last clip here. Not sure I’ll recover any time soon
One of the hallmarks of investor sentiment is the tendency to believe things can only get better after they’ve been really good for awhile. This works in reverse as well, which is why Black Swan strategies and an obsession with hedging or market-timing always reach a peak right around the time a market has just put…
Video clips from today’s show