With corporate earnings growth heating up and demand for capital rising, shares of companies with low and stable growth rates will likely perform poorly.
Monthly Archives: December 2011
42 posts
Why did we sell Morgan Stanley? Because public disclosures about banks’ sovereign debt exposures are useless in order to ascertain the level of risk with a reasonable degree of confidence.
Call me an optimist, but I don't see Europe allowing such a drastic and negative situation to manifest itself to large scale contagion.
If VIX contango persists, I will replace my short VXZ exposure with a short exposure to VXX to profit from the term structure.
If you remain committed to active management and to your Wealthfront manager, we invite you to join our platform to continue following his moves in real time.
Almost all of our holdings announced Q3 results in October and November and most of them beat Q3 guidance and raised forecasts for Q4.
There are plenty of potential candidates to capture today’s mega-trends, but identifying them isn’t the most difficult issue. Timing is the biggest challenge.
The latest central bank actions may have been enough to spark a medium term rally, but many cracks remain in the system that could quickly derail any recovery.