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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World Cup 2026: Ki Djogu, Kabu Verdi!

Before the 2026 World Cup, many (most?) people had not heard of Cape Verde , let alone find it on a map. But this tiny island nation off th...