Tag equity markets

Buffett And Einhorn Downgrade Moody’s

Interest rate spikes, currency devaluations, too-big-to-fails, the SEC and investment theses.  These are just a few topics addressed by David Einhorn, co-founder of investment firm Greenlight Capital. Remember Mr. Einhorn?  He is the manager who uncovered alleged fraud at companies…

A Houdini Rally

A hat tip to the Immobilienblasen blog for the cartoon and observations: “So this remains the Houdini rally — no jobs; no pricing power; no broad participation; and no volume.”