Over the course of the weekend, there was a raft of bad economic news from China, a completely unexplained disappearance of a large passenger jet, and a substantial massing of troops and supplies by the Russian military in the Ukraine. For all of this, we got a collapse in the S&P 500 today of 0.07%. Yes! Let the free-fall begin!
In any case, I did want to offer up seven interesting charts on the short side. A few of this are brand new, because I only discovered them myself while trolling though thousands of charts over the weekend. Enjoy! (more…)
It was heartening yesterday to see two Slopers – - Mark St. Cyr and our beloved BDI – - dominate the front page of ZeroHedge this weekend. W00t! We’ll set aside the advertisement that was featured next to them and what it implies.
Back on February 24th, I did a takedown on DDD, suggesting it as a short, and that very night a guest post appeared with a much more comprehensive take-down of 3-D printing in general. Well, the mainstream media has finally caught up with Slope of Hope, and Barron’s cover story this week is about how overvalued consumer 3-D printing stocks are. How about that? (more…)
There are bubbles everywhere, and just about the only one indirectly benefiting me is the one in Palo Alto residential real estate. I bought my house in 1991 for about 15% of its current value, and the market could utterly crash around here and I wouldn’t feel a thing. The people paying five, six, or seven million dollars for a house (not a mansion………a house) could be deeply regretting their decision down the road. (more…)