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© Hannelore Foerster/Getty Images And then there were none. On Thursday, the European Central Bank became the last of the major central banks to announce a large programme of quantitative easing, involving the purchase of over €1tn of assets, mostly eurozone government bonds, in the next 18 months. Is… Read entire story.
Source: Gavyn Davies
Stocks surged today and finding a reason was like reaching your hand into a top hat and pulling out a slip of paper. Reuters The S&P 500 gained 1{04524d497bea0ade6defd1388b5c9b25998d95475e2938b4fa9d615e63ad1540} to 2,062.52, while the Dow Jones Industrial Average rose 211.86 points, or 1.2{04524d497bea0ade6defd1388b5c9b25998d95475e2938b4fa9d615e63ad1540}, to 17,884.88. The Nasdaq Composite advanced 1{04524d497bea0ade6defd1388b5c9b25998d95475e2938b4fa9d615e63ad1540} to 4,765.10. Oh. And all …
Morris Mark: We run two interrelated investment disciplines: a group of investment partnerships that we started about 29 years ago and an investment management, long-only separate account business. While the partnerships have more flexibility and can do some shorting, both of them have a core investment approach, which is to …
Growing up, our biggest fear was “the bomb.” Dr. Strangelove came out the year I was born. Not to worry though, see a bright flash … just duck and cover. Yep, your desk will so shield you from a thermonuclear blast. This week, I interviewed historian Niall Ferguson. He believes we’re several years into a second Cold War. Fellow geopolitical gangster […]