Already have an account? log in
This article is FREE for you
Create a free account and join institutional investors, analysts and strategists from the world's largest banks
By submitting your email address you agree to receive communication by email
Bad Moon Rising?
If weekend comments from Mike Pompeo and Peter Navarro are any indication, tensions between Washingt
OR, subscribe now for unlimited access
By submitting your email address you agree to receive communication by email
By submitting your email address you agree to receive communication by email
“expected earnings are slashed in the way that we find feasible, 12m expected P/E’s will either have to find bizarre new all-time-highs as 2020 is deemed an outlier, or else equities will have to give in again”.
The ultimate known unknown that we all already know.
J-Pow, why on Earth would you do that to such a nice old man…?
I mean, it’s just so flagrant. When people like Buffett and Marks, etc. cite the Fed, what they really mean is: “I feel like I was robbed, because the world should be ending, and usually, when the world is ending, it means I make a lot of money.”
To be completely fair, Buffett also had some nice things to say about the Fed, but the compliments were backhanded. in my opinion.
Bottom line is that things moved too fast, and because the nature of the crisis was so unique, the usual suspects couldn’t muster the courage to dive in fast enough to get out ahead of the Fed.
Elon Musk is a world-class turd. Just sayin’.
Nah. The guy’s obviously brilliant. He’s just moronic sometimes. This is one of those times.
Brillance aside, I see no evidence to suggest he isn’t a jackass.
Very much a carnival barker like the stable genius.
Something tells me Buffet will get another shot at cheap assets in a month or so…
OK, it is Sunday. Thought i could come up with something. Ain’t happening. Go to YouTube if you are a baseball fan and missing John Fogerty singing “Put me coach….center field”…..John is a local boy from the Bay Area, wearing a Oakland A’s lid……
oh, and I also read this: https://www.scientificamerican.com/article/how-chinas-bat-woman-hunted-down-viruses-from-sars-to-the-new-coronavirus1/