Saturday, August 15, 2020

Howard Marks' Latest Memo Reviews the Market's Amazing Recovery and Asks if the Fed Can Keep it Going? (Ans: Maybe)

The full memo is here, but a good summary at BI. Also annualized QoQ GDP% measure is complicated and meaningless.


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How Rich is the Supreme Court?

In our last post we wrote about how SCOTUS rulings today heavily favor the wealthy . And that there was also a clear split among Republican ...