ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
Bill Fleckenstein, President of Fleckenstein Capital and one of my favorite money managers, was on CNBC’s Fast Money Wednesday night giving his typical, colorful commentary on gold. I am posting an approximate transcript to his brief interview because it included what I think should be a classic moment in gold commentary. Toward the end of … Read more
Centrotherm Photovoltaics is a German provider of technology and equipment for the photovoltaics industry. For example, the company is a developer and seller of “…turnkey production lines for the manufacture of crystalline solar cells, including the full range of engineering and technological process services.” Centrotherm’s business spans the entire photovoltaic supply chain from raw material … Read more
I am far from bullish on the financial markets, but it is getting harder and harder to stay bearish given the accelerating negative buzz about deflation, double-dips, and, most importantly, all the talk about the uncertainty that is supposedly paralyzing the entire country, preventing business owners from operating the engines of American commerce and preventing … Read more
Hedge fund manager Kyle Bass, managing partner at Hayman Investments, earned his claim to fame by predicting the crash in housing prices and the financial crisis that would follow. Now, he has focused his cold stare on the bubbles in sovereign debt in developed economies. The folks at CNBC’s Strategy session interviewed Bass last week … Read more
If David Stockman, former director of the Office of Management and Budget under President Ronald Reagan, created the political party of “Fiscal Conservatives,” I might have to give serious consideration to signing up. For now, I have to settle for non-partisan organizations like the Peter G. Peterson Foundation who work hard to promote fiscal discipline … Read more