Monthly Archives: May 2012
On this eve of the greatest IPO in history (Facebook), I have this to say…. I recently read an article by a US securities compliance lawyer about the perils exposed to investment advisors via social media websites. The upshot from the article (my understanding at least) was that investment advisors should try to ensure no one ‘likes’ them on Facebook because it may […] Read the rest of this entry
What a day. Greece is front and center as fears of imminent melt-down spread. Of far more import than Greece is Spain. The price of Spanish Treasuries is plummeting with the rising yield. What about all those Spanish banks that used cheap LTRO money to buy Spanish sovereign bonds? There’s a good chance those banks would be insolvent if they had to mark […] Read the rest of this entry
Ever mindful of the feedback I receive from family and friends, I was prompted and am compelled to write something positive (for a change). Risk assets (common stocks, REITS, junk bonds) are over-sold on a short term basis. It’s time for a bounce back. OK, it will likely be short lived, but hey, I’m writing something positive. Here’s something else that’s positive. If […] Read the rest of this entry
