That sinking feeling

In an economy based on debt and financial shenanigans, of course the market can't go up without the leadership from the poster-children, namely the financials themselves.Viewing the remainder of this article requires a Subscription

Opportunity on the horizon

While the US is looking to the Facebook (FB) IPO as the biggest story of the day, it's nice to know that the rest of the world recognizes it as just another hyped IPO with no real impact for our daily lives. On the other hand, JPM blowing up DOES matter. Greece blowing up DOES matter.Viewing the remainder of this article requires a Subscription

Early can hurt

I was early on the euro - initially going short in November 2009. Got out with a nice gain and now staying away, mostly because the vehicles to implement such a volatile trade a difficult to hold. I was early on natural gas - originally going long when it was around here.Viewing the remainder of this article requires a Subscription

Diversify your Diversification

If you're still investing in your dad's portfolio (60/40), you're going to be in trouble.Viewing the remainder of this article requires a Subscription

Losing Money Isn’t a Crime

Jonathan Macey writes in today’s Wall Street Journal – an essay whose title, “Losing Money Isn’t a Crime,” is spot-on (h.t.Viewing the remainder of this article requires a Subscription