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Phil Diamond, CFA | May 24, 2010
Forget everything you've heard or have learned in the last few weeks and just imagine that naive version of you from just the middle of last month still existed. Then, what if we told you that oil had gone from $80 to $68, interest rates had dropped by 0.60% (or 60 basis points) on 10-year Treasuries, that we had the best monthly employment report in over three years, that corporate earnings were growing like more ...
Phil Diamond, CFA | March, 1, 2010
Okay, this past week we've had another disaster, not the earthquake in Chile, that's a natural disaster, not man-made. Okay, so Greece isn't a new disaster, they just got their debt downgraded by Standard & Poor's. Does that come as a surprise to anyone? Maybe it happened a little quicker than most folks expected, but given the history of credit ratings, at least they didn't wait until after they defaulted to cut it. Any more ...
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