I sit down every week to write these updates and sometimes it is a struggle to find something - anything - worth writing about. Sure, there's always market "news" so I can find something to fill the page and I hope you find it interesting but the fact is that I don't think any investor - as opposed to trader [...]
It all became very clear to me sitting out there today, that every decision I've ever made, in my entire life, has been wrong. My life is the complete opposite of everything I want it to be. Every instinct I have, in every aspect of life, be it something to wear, something to eat... It's all been wrong. Every one. [...]
The SLR exemption is ending! The SLR exemption is ending! Doesn't exactly roll off the tongue, does it? There has been rampant speculation the last few weeks about the fate of the exemption the Fed provided banks a year ago with regard to the Supplemental Leverage Ratio that allowed them to ignore Treasuries and reserves. The banks themselves warned that [...]
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