The Lonely Bull went to school last week; or at least a symposium given by Princeton and the EDHEC Risk Institute from Nice, France. The subject revolved around different approaches to risk management. Academic papers were presented on various aspects of risk and methodologies to handle some of them. It was by its own description; […]
You would think by now, the Greek financial crisis wouldn’t have such an impact on world financial markets. The fact that it still can roil stock, bond and currency markets is as much a reflection of the skittishness of investors as it is the actual fundamentals. Europe today is well prepared to weather the effects […]
The central banks of the U.S., the Euro-zone, and Japan have been printing additional currency with enthusiasm. Usually, more money chasing the same level of goods results in the price of those goods (inflation) going higher. Yet inflation has hardly made a showing; why not? The problem is that the new dollars have not trickled […]
Whether one is religious or not, it is always good to step back occasionally and reflect on the good in our lives. With Easter and Passover upon us, this is a good time to do so again. Every day we are bombarded in the press with so much that is wrong; taking stock of positives […]
