It is obvious from Friday’s market action that the end is nigh, or we are on the “eve of destruction”: or better yet, stock market Armageddon has arrived. What tripped this all off? A well-respected value manager, Marty Whitman and his firm Third Avenue Management got themselves a little bit too far out over…
Tag: BlackRock
Session 132–What really worries me
It would be a total lack of financial / economic knowledge on the part of the general divesting public … a seeming lack of the ability to think critically about the media inputs they use to make informed decisions. This really hit home hard today as I flipped on CNBC at the close and watched…
Session 83–Whatever Happened to “The Great Rotation?”
You know “The Great Rotation” out of bonds, which investors feasted on during and after the ’08/’09 crash, into stocks? According to BlackRock CEO, Larry Fink, “It has been a rotation out of bonds into bonds (long-term bonds into short-term bonds). In fact, Fink (on CNBC- 1/17/2014) indicated BlackRock had many institutional clients rebalancing in…