The churn going on with your favorite least-liquid, highest-cost concentrated, leveraged beta funds, sorry I mean “hedge funds,” is heading into overdrive…
Throwback: Ghetto Red Hot (1992)
Video.
"Dynamic Provisioning" LOL
“But back in 2008 and early 2009, Spanish regulators were riding high…a big reason for their success, the regulators said, was an accounting technique called dynamic provisioning.”
Kudlow on King Dollar: Not Enough
“As someone who always touts the merits of a strong King Dollar, why am I complaining now that we have one?”
Hot Links: Speculation on Stimulus
Your morning financial links, expertly curated.
Picking a US Dividend ETF
Chart.
On the Toxic Model of the Wirehouse Advisor
This is is the essence of why these large Wall Street “wealth management” firms are destined to crumble, why they’re already teetering.
Throwback: Through the Wire (2004)
Video.
This is How the Global Economy Collapses
Consider the following scenario.
Usher Covers Foster the People
Video.