The “V-shaped recovery” continues

…or is it more like a bullet ricocheting off the floor, about to hit us in the cojones?
Sixteen days late, but tonight I finally got around to updating my “Stock Market Seismometer” (see separate tab above) for the period ending July 2009.  It was a relief to see the control chart has moved out of [...]

Is the worst of the GFC really behind us?

The decision by 10 US banks this week to repay their TARP money and escape the clutches of the Obama remuneration busybodies more or less confirms that the financial crisis is over.
- Alan Kohler, “Pricing out the crisis”, Business Spectator, 11 June 2009
Alan Kohler is an Australian business journalist that I have a lot of [...]

That Really Is A Lovely Bottom

I’ve updated my Stock Market Seismometer (see separate page tab above for details) for the month ending April 2009.  I don’t work in the finance industry, and I’m not qualified to provide financial advice, but it seems that perhaps (just perhaps) the stock market has hit the bottom.  I’ll very likely live to rue that [...]