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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Mad Max by Google

The Mad Max series is about an Australia where society has collapsed and lawless rules. Did Google nearly herald such anarchy in Oz?  Accord...