Economic Commentary

“Someday financial markets will decline...rising stock/bond markets will no longer be government policy. QE will end and money won’t be free. Corporate failure will be permitted. The economy will turn. Someday, somewhere, somehow, investors will lose money and once again come to favor capital preservation over speculation. Someday, interest rates will be higher, bond prices lower, and the prospective return from owning fixed-income instruments will again be commensurate with risk.” Seth Klarman

Tuesday, December 29, 2015

China: "Even a fifth grader could tell you that you can't solve a debt problem with more debt...."






Posted by Robert Park at 9:59 AM No comments:
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Ready to watch your liquidity disappear (lock up)...everywhere...almost all asset classes during the next downturn?






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S&P 500 Sales Growth (YoY) Remains Negative






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Monday, December 28, 2015

"The China Beige Book...recently showed...across the board, economic conditions are unraveling. There will be no soft landing in China. It will bring down the entire world’s unprecedented debt and real estate bubble...it’s only a matter of time...." -H. Dent, Jr.






Posted by Robert Park at 5:44 PM No comments:
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Tuesday, December 22, 2015

On excellence...






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Monday, December 21, 2015

Take a deep breathe...cleaner air is on the way?






Posted by Robert Park at 10:05 PM No comments:
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Percentage of U.S. companies losing money--more defaults are on the way?






Posted by Robert Park at 10:00 PM No comments:
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