茶香股谈 :: 阅读主题 - 先知先觉大本营:Soros,李嘉诚,PIMCO and market wizards
茶香股谈首页 茶香股谈
北美华人谈股论经学习交流的网上茶馆。
 
 帮助帮助   搜索搜索   会员列表会员列表   团队团队   注册注册 
 个人资料个人资料   登录并检查站内短信登录并检查站内短信   登录登录 

茶香股谈首页  -> 资料区 ->  财经新闻
先知先觉大本营:Soros,李嘉诚,PIMCO and market wizards
发表新主题     回复主题 分页 上一页  1, 2, 3, 4, 5  下一页
阅读上一个主题 :: 阅读下一个主题  
作者 正文
纯属误会



性别:性别:男
年龄:99
十二宫图:天平宫
加入时间: 2009/11/10
文章: 460
来自: 北美
股金: 506
离线

文章时间: 2012-1-20 周五, 下午10:07    标题: 引用回复

http://blog.stocktradersalmanac.com/post/Next-15-Years-DJIA-Chart


Next 15 Years DJIA Chart

By Jeffrey A. Hirsch, Thursday, March 31, 2011

This chart below visually portrays my long-term forecast, which projects a continuing sideways market through the year 2017 or 2018 with the Dow remaining in range of roughly 7,000 to 14,000 before it takes off and completes a 500% move from the intraday low of 6470 on March 6, 2009 to 38,820 by the year 2025. I first revealed this forecast to subscribers on May 13, 2010 and again on page 36 of the Stock Trader’s Almanac 2011.

The calculus behind this forecast includes the disengagement of the U.S. military from entrenched overseas wars in Iraq, Afghanistan and now Libya. Rising inflation from massive government spending and easy monetary policy over the next 5-10 years will begin to taper off as the stock market begins to inflate 6-fold. And finally, technological innovations from alternative energy, biotechnology or other yet-to-be-discovered fields will enable a cultural paradigm shift across the planet that will fuel exponential growth as the automobile, television, microprocessor, Internet and cell phone have done in the past. To wit: War & Peace + Inflation + Secular Bull Market + Enabling Technology = 500% Super Boom Move.

In order to create this chart I relied on the market’s behavior and global economic trends during the last three major boom and bust cycles of the 20th Century revolving around the three major wars (WWI, WWII and Vietnam), as well as the monthly, seasonal, annual and 4-year cycle trends during the flat-bust periods and the rising-boom periods.



All the buzz that was generated by this forecast last fall when the Almanac came out, convinced me that a book length treatise on the forecast was in order. I am proud to
announce the release of my brand new book, Super Boom: Why the Dow Jones Will Hit 38,820 and How You Can Profit From It, available wherever books and e-books are sold.

_________________
大道至简 锦衣夜行
返回顶端
阅读会员资料 发送站内短信
纯属误会



性别:性别:男
年龄:99
十二宫图:天平宫
加入时间: 2009/11/10
文章: 460
来自: 北美
股金: 506
离线

文章时间: 2012-1-20 周五, 下午10:39    标题: 引用回复


乱弹琴:一月份涨跌和后面十一个月的关系

时间: 2010-2-12 周五, 16:18 (1952 reads)
作者:china_firefly 在 谈股论金 发贴, 来自【海归网】
http://www.haiguinet.com/forum/viewtopic.php?t=1059467


阿修贴的图很有意思,这是过去60年一月和全年的涨跌排列图:




我把全年的变化减去一月的,得到一月和后面十一月的对比图:




发现:

1) 60年一月份里,37年涨,23年跌,(orange竖条左边是涨,右边是跌)

2) 一月涨的,后面十一月基本上也涨。
(而一月涨得最多的1987年,后面十一个月却大跌, 物极必反似的。)

3) 一月跌的,后面有一半是涨的,(21个一月跌的,后面涨的有11个)

4)一月跌得最多的那几年,后面十一个月都是涨的 (也是物极必反?)
去年(2009)一月是60年里一月跌幅最大的,涨幅极大,最后涨幅也是最大。

(提醒,一月大跌8.6%的是去年2009, 今年只跌4.3%。)

呵呵,这篇是本菜鸟胡写的,大家随便看。


(后加的,我把上面两个图放一起,再加去年2009图示, 2010年跌幅约4.3%)




看了这个图我想,2010年后的几年内好像应有牛市顶峰 :)

_________________
大道至简 锦衣夜行
返回顶端
阅读会员资料 发送站内短信
纯属误会



性别:性别:男
年龄:99
十二宫图:天平宫
加入时间: 2009/11/10
文章: 460
来自: 北美
股金: 506
离线

文章时间: 2012-1-21 周六, 下午4:37    标题: 引用回复


Stocks in U.S. Are Within a Week of `Significant Market Top,' DeMark Says

By Elizabeth Stanton @ Bloomberg.com - Jan 18, 2011 4:31 PM ET

http://www.bloomberg.com/news/2011-01-18/stocks-in-u-s-are-within-a-week-of-significant-market-top-demark-says.html


U.S. stocks are within a week of “a significant market top” that is likely to precede a drop of at least 11 percent in the Standard & Poor’s 500 Index, said Tom DeMark, creator of a set of market-timing indicators.

DeMark’s Sequential and Combo indicators, designed to identify market tops and bottoms, are giving a sell signal on the main U.S. stock benchmark for the first time since mid-2007, he said in a telephone interview. The S&P 500 began its 57 percent plunge from a record in October 2007.

“I’m pretty confident that in one to two weeks, the market will be in a descent,” said DeMark, founder and chief executive officer of Market Studies LLC. “It could be pretty sharp.

DeMark’s forecast follows projections from Wall Street strategists that the S&P 500 will climb to 1,384, an annual gain of 10 percent, through the end of the year, according to the average of 12 estimates in a Bloomberg survey. Short selling of companies in the index has fallen to the lowest level in a year, according to Data Explorers, a New York-based research firm.

Steven A. Cohen, founder of Stamford, Connecticut-based SAC Capital Advisors LP, which manages $12 billion, and John H. Burbank, founder of San Francisco-based Passport Capital LLC, which manages $4.2 billion, are partners in Market Studies, DeMark said. The firm has its headquarters near Scottsdale, Arizona.

‘Conservative Estimate’

On a weekly basis, the two indicators signaled on Jan. 14 that a reversal is imminent as the S&P 500 closed at its highest level since August 2008. DeMark expects a decline of at least 11 percent because his work shows that markets move in increments of 5.56%, he said. Assuming a drop twice that size is “a conservative estimate,” he said.

The indicators are based on comparisons of the current closing level of the index with closing and intraday levels over previous periods. The reading Jan. 14 was the first signal of a reversal in the S&P 500 since March 2009, when the indicators showed a rebound was imminent, he said. That month the S&P 500 fell to a 12-year low from which it has rebounded more than 90 percent.

_________________
大道至简 锦衣夜行
返回顶端
阅读会员资料 发送站内短信
纯属误会



性别:性别:男
年龄:99
十二宫图:天平宫
加入时间: 2009/11/10
文章: 460
来自: 北美
股金: 506
离线

文章时间: 2012-1-21 周六, 下午4:51    标题: 引用回复


Long a secret weapon of the hedge-fund elite, the DeMark Sequential and Combo indicators are supposedly the most popular TA indicators used by Wall Street technicians. Tom DeMark, the
creator of the technical signals, is widely followed and respected among the TA cultus. He is often portraited as a market prophet by his pedigree of working with Stevie Cohen and John Burbank.



===============================================================================


Book about DeMark TD Combo Indicator & DeMark TD Sequential Indicator

DeMark Indicators
[Bloomberg Market Essentials: Technical Analysis]
Jason Perl, Thomas R. DeMark
Publication Date: September 28, 2008
http://www.amazon.com/DeMark-Indicators-Bloomberg-Market-Essentials/dp/1576603148/ref=pd_bxgy_b_img_c


===============================================================================


DeMark TD Sequential Indicator
http://codebase.mql4.com/5685


DeMark TD Sequential Basic Criteria:


The TD Sequential Indicator is basically an indicator that looks for trend reversals through market exhaustion. It is an indicator developed by Tom DeMark and described in his book "The New Science of Technical Analysis" and then it is described more fully in Jason Perl's book "DeMark Indicators."

DeMark's theory is that the market works in cycles. He had spent years trying to figure out what the cycle is and came up with the TD Sequential indicator. That is what the picture is describing. There are quite a few pdf out there that do a decent job of summarizing the indicator as well, I am not sure how to insert a pdf here but if someone knows I would be happy to insert the one that I have. Or if you Google TD Sequential there is quite a bit of information that pops up.


===============================================================================


The DeMark Indicators: Overview


The DeMark Indicators® are a collection of sophisticated market-timing tools created by Tom DeMark over the course of nearly 40 years in the financial industry. These proprietary techniques provide an objective method of analyzing markets, with application regardless of region, asset, price, data, time period and history.

What makes the DeMark Indicators unique is that they seek to identify areas of likely trend formation and exhaustion prior to their occurrence. This is critical in an industry where price is determined as much by the expectations of various events as it is by the events themselves.

The DeMark Indicators do not represent a singular approach. They are a collection of studies that address the financial markets in various ways. Some indicators are short-term in nature, while others offer a more prolonged time horizon. Some are intended to operate in concert with the prevailing trend, while others seek to identify when a trend has reached a potential termination point. As such, the methods are well suited to traders and investors of all disciplines, trading styles and risk appetites.

These studies have been applied extensively for decades and used to advise many of the top management firms in the industry, including SAC Capital, Passport Capital, Tudor Investment Corp., Soros Fund Management, Omega Advisors, and others.

The DeMark Indicators are not only concerned with the direction of a market move, but also its timing. By seeking to identify potential inflection points as they occur, the proprietary techniques may forever change the way people view the market.

_________________
大道至简 锦衣夜行
返回顶端
阅读会员资料 发送站内短信
纯属误会



性别:性别:男
年龄:99
十二宫图:天平宫
加入时间: 2009/11/10
文章: 460
来自: 北美
股金: 506
离线

文章时间: 2012-1-21 周六, 下午5:35    标题: 引用回复


Thomas DeMark @ Wikipedia

http://en.wikipedia.org/wiki/Thomas_DeMark


Performance : Right on DeMark
James Patterson
February 13 2008 , Page 48

http://www.scribd.com/doc/76256475/demark

Long a secret weapon for the hedge-fund elite, Tom DeMark’s technical indicators are gaining a wider following. How reliable are these signals? You’d be surprised.


Page 1 of 3 » Next


It’s a chilly afternoon in early December, and Tom DeMark is set to deliver a speech at the New York Mercantile Exchange. A trusted market-timing consultant to some of the world’s most revered money managers over the years — George Soros, Paul Tudor Jones and Stevie Cohen among them — DeMark has friends all over the financial landscape. Since he has a few hours to kill downtown, the Phoenix-based consultant warms up with a pop-in visit to iconic investor Leon Cooperman, a former client of his. After a quick bite and some catch-up time, the old friends huddle on the trading floor.

Pulling up DeMark’s charting systems on a Bloomberg screen, Cooperman is oblivious to the overhead television tuned into CNBC. President Bush, flanked by Treasury Secretary Hank Paulson, is unveiling a White House plan to stem the American mortgage crisis. The legendary PM doesn’t look up even once; he wants DeMark’s take on his biggest position while they still have a little bit of time together.

As a man who managed to bundle his arithmetically calculated entry/exit methodologies into some of the most advanced and respected systems in the trading world, DeMark should be much better known. With Bloomberg’s recent rollout (to premium subscribers) of a slew of his market-timing tools — more than two dozen trademarked indicators — that’s beginning to happen.“I now have more than 35,000 users,” he says with a happy-go-lucky grin.

DeMark might not be as wealthy or famous as the traders to whom he has consulted over the years (Cohen is his sole client now), but his day in the sun appears to have come.

A Bill Gates look-alike (had Gates been raised on a steady diet of Wisconsin cheese), DeMark is considered one of the foremost experts in the world on price exhaustion within trends. During his three decades of trading across all markets, the 59-year-old has established himself as a grand master of market timing. “People sometimes scoff when I refer to DeMark’s indicators — that is, until they see for themselves that they work,” says UBS’s Jason Perl, global head of the bank’s fixed-income, rates and currencies technical strategy group.

As with any vaguely cultlike ideology, if enough people truly believe, outcomes can become something of a self-fulfilling prophecy. Just as 1490 seems to have served as both the support and resistance levels of choice for S&P futures traders during the bulk of 2007, certain outcomes are more likely to play out — if only because all eyes are expecting such a result. Bloomberg’s DeMark offerings for getting in and out of a trade based on his Fibonacci-influenced directional price points mean that the “cult” element of his mathematical prowess has gone commercial.


Page 2 of 3 » Next


Most traders operate under the presumption that each instrument or product has a specific cadence with which it moves. So DeMark’s assertion that his retracement analysis is based on a much larger theme (“believing there is a DNA code special to each market,” he says, “is a mistake”) is not easy to swallow.

Nor is it easy to believe that his tool, the “TD Sequential,” can call bottoms via an elaborate bar-chart countdown pegged to the number 13. As it turns out, DeMark has nothing against fundamental analysis. But entries and exits are a whole other story.

“In ’87, both TD Sequential and TD Combo indicated likely upside price exhaustion,” DeMark says. “It was the convergence of the daily, weekly and monthly that alerted us to the likely upside price exhaustion. This is similar to what occurred in the currency markets in September 1992, when the British pound exhausted its upside momentum.”

It’s no secret that Paul Tudor Jones and his then-strategist, Peter Borish, were watching DeMark’s patterns 20 years ago when they famously sold the market short prior to Black Monday. Coincidence? Maybe not. Either way, whether you view them as financial alchemy or genuine market science, DeMark’s methods are not for the emotionally weak.

The basic interpretation of price exhaustion is that you sell into relative strength and buy against outright weakness — counterintutive actions for traders. Aside from being long the U.S. dollar, fading the market is probably the easiest way to lose a chunk of change these days. On the other hand, DeMark’s presence on SAC Capital’s payroll is the only signal you need to pay attention.

A star high-school basketball player who grew up near Milwaukee, DeMark first took notice of the securities markets’ allure in the late 1960s, when he overheard one of his uncles discussing options strategies at a family dinner. “He described them as proxies for stocks and went on about how, with a limited investment, one could make many times more than just buying the stock,” DeMark recalls.

“I was hooked. I knew this was a business I wanted to be involved in but didn’t know exactly how.” During graduate school at Marquette University, while working summers in the legal department of a brewery, DeMark befriended an attorney who subscribed to Abe Cohen’s Chartcraft point-and-figure service.

His first investment job, as an analyst, came in 1971 at NN Investment Services, a small pension-fund manager in Milwaukee. DeMark, whose appetite for technical-analysis information was close to insatiable, soon came across Trendline charts. He went wild, at times working late into the night, applying various analytical techniques to bar charts. His bosses saw his passion, and readily encouraged him to pursue his ideas.

“It was as if I had died and gone to heaven,” he recalls. “I could pretty much do what I wanted and get paid to do so.” He developed for NNIS a proprietary quantitative system of market-timing techniques based on exhaustion points, something purely mechanical and not prone to even the slightest hint of subjectivity.

Seeded by NNIS, DeMark formed a consulting firm in 1978, advising many of the country’s largest pension funds, including those of IBM and the state of Oregon, before founding his own firm in 1982. His client roster grew larger and more prestigious, and in 1988 he joined forces with Tudor Jones. He has never stopped trying to perfect his systems, molded by his proximity to an array of historical events and industry titans. “It’s extremely difficult to buy when everyone else is selling, as it is to sell when everyone is buying,” he says. “Trend-exhaustion identification is critical to being successful in the market.


Page 3 of 3 » Next


Seeing, of course, is believing. Over a handful of weeks this past November, DeMark put on a dynamic clinic on pivots and entry points across GOOG, crude and the euro, as well as Nasdaq and S&P futures. Each time, the entry point in question was literally the high/low of the session or even the entire move. The samples weren’t exactly random, and they did tend to correspond to commoditized chart patterns and Elliott Wave analysis. Still, the TD Combo, with its 13 waves of fury, worked to a T across a vast array of products and asset classes

The difference between DeMark’s indicators and those of other chart theorists is simple: “My indicators are in real time and dynamically show reversals,” he maintains. “Those of Elliott Wave and others are backward-looking.”

That Bloomberg now offers DeMark’s indicators to a wide audience should concern upper-echelon industry practitioners no more than if a chef at their favorite restaurant were to publish a cookbook. (DeMark, for his part, has written several books that have revealed his methods.)

DeMark’s evolution and reinterpretation of the static tools of yesteryear far outstrip anything he faces now. He was one of the first to realize that existing oscillators were often obsolete and that while one man’s oversold MACD indicator could be viewed as a buying opportunity, momentum traders may see it as a signal to sell. In this business, there’s no distinction between being early and being wrong. So it was only a matter of time before DeMark and others focused on timing, not merely the point where the red line cuts across the blue.

DeMark experimented often with existing oscillating indicators with limited success, given that one variable — Father Time — continued to scramble the outcome. There was, at the time, no application he had discovered to be successfully consistent — so DeMark decided that if he was going to be able to employ oscillators, he would have to develop his own in order to leverage the timing component.

This early work led to his most important market tool, the 13 Wave TD Combo — which, when combined with the popular TD Sequential, is a powerful aid in understanding market rhythm and calculating price-in flection points for entry, pivots and exhaustions.

With Bloomberg now rolling out his work, DeMark is acting as the industry’s global orator across foreign exchange, energy, equity and fixed-income. “It’s gotten to the point where I don’t even look at a chart without overlaying DeMark’s indicators,” says Passport Capital founder John Burbank.

Price exhaustion is the simple fact that will ultimately have to be pared back to a reasonable point of equilibrium. But given that emotion and greed are two significant variables that cannot be isolated, it bears wondering how a quantitative approach to gauging entry can rely simply on price patterns while casting away emotion. Or is it that price does indeed plot the emotional story, and if a trader were macro enough in his pricing analysis, he’d be accounting for emotion? DeMark says he would be.

Even if his decades of work don’t ultimately result in a widely used tool for traders as they engage in a global battle across overlapping markets, DeMark will always have the satisfaction of having been so close to so many of trading’s trailblazers. He has not only stood on the shoulders of giants, after all — he’s rubbed elbows with a few, too.

Page 3 of 3

http://www.scribd.com/doc/76256475/demark

_________________
大道至简 锦衣夜行
返回顶端
阅读会员资料 发送站内短信
纯属误会



性别:性别:男
年龄:99
十二宫图:天平宫
加入时间: 2009/11/10
文章: 460
来自: 北美
股金: 506
离线

文章时间: 2012-1-21 周六, 下午5:50    标题: 引用回复


Article Notes - Impressive Signals From Demark

http://www.bobsgear.com/display/stocks/Article+Notes+-+Impressive+Signals+From+Demark


The Technical Analyst, September/October 2004, pages 20-24,
article by Kurl Magnus:

* DeMark indicators said to be more reliable than price or volume
* Magnus uses for FX trading and strategy decisions, used by 3% of London traders
* Backtest for currency cross of Sequential Signals showed 70% accuracy. DeMark is a risk-reward strategy with effective stop-loss positioning. Magnus experience shows 90% accuracy
* Magnus uses Bloomberg charts that incorporate DeMark TD Sequential Indicators
-- TD Sequential Indicators anticipate turning points in FX, Bond, Equity, and commodity markets, on a daily, weekly, monthly and intraday basis
-- Sequential indicator identifies exhaustion
-- Indications tend to occur before downtrends have completed
* Setups
-- TD Sequential has two patterns - TD Setup + TD Countdown
-- Buy setup is 9 bars
-- Sell setups are either 8 or 9 bars
* Countdowns
-- Countdowns occur after completed setups
-- Countdowns are bigger than setups, and don't have to be consecutive bars
-- Countdowns typically show larger market moves
-- Countdowns have perfection criteria similar to setups
* Stop Losses
-- Generated at completion of countdown
-- From the lowest price bar of entire countdown (whether or not numbered), low of that price bar from it's high (true range) or prior price bar close, whichever is greater. Substracted from the low of the price bar, and that is critical stop loss level.
* 17 TD indicators

* Markets trend 25-30% of time, and trade in a range 70-75% of time
* Conventional indicators are typically trend followers whereas the Demark is designed specifically to anticipate trend reversals. - Tom DeMark

_________________
大道至简 锦衣夜行
返回顶端
阅读会员资料 发送站内短信
纯属误会



性别:性别:男
年龄:99
十二宫图:天平宫
加入时间: 2009/11/10
文章: 460
来自: 北美
股金: 506
离线

文章时间: 2012-1-21 周六, 下午6:03    标题: 引用回复


DeMark Indicators (ADVANCED) @ Forex Factory

http://www.forexfactory.com/showthread.php?t=8915


TradeStation Forums > Search "DeMark"
https://community.tradestation.com/discussions/SearchResult.aspx?txtAll=demark&txtExact=&txtOr=&txtNot=&txtAuthor=&radioAuthor=0&selAuthor=0&radioScope=0&selForum=0&selSortField=1&SelSortOrder=1&cbArchive=1&selFrom=-1&RadioResult=0&selResultCount=25&Session_ID=225827-00000000



DeMark (TD Arcs)
http://www.chartfilter.com/Overlays/td-arcs.html

DeMark是一种预测价格支撑及压力的指标。它的原理是連结波段最高价与最低价,然后乘上Fibonacci 係數來预测每日的支撑压力区间。
DeMark与基准线(Pivot)的性质相同,只是Pivot 是用前一交易日的价格走势來预估当日的支撑压力区间,而Demark 则是以波段的高低点搭配Fibonacci 係數來计算。

计算方法:

Resistance Demark= 收盘价+(波段最高价-最低价)*0.62
Support Demark= 收盘价-(最高价-波段最低价)*0.38

运用原则:

当收盘价接近Resistance Demark 表示接近压力区,若能突破则趋势看多。
当收盘价接近Support Demark 表示接近支撑区,若跌破则趋势看空。


DeMark TD Camouflage Buy Signal - 3 basic components
http://www.healthywealthywiseproject.com/Home/tom-demark/tdcamouflage



Demark TD Combo/SEQ on every timeframe for consistency
http://www.elitetrader.com/vb/showthread.php?threadid=162929
http://www.tradersaintforum.com/forum/archive/index.php/t-1199.html
http://www.healthywealthywiseproject.com/Home/wealthy-blog/livingandlearningwithtomdemarkindicators

_________________
大道至简 锦衣夜行


上一次由纯属误会于2012-1-29 周日, 上午10:42修改,总共修改了1次
返回顶端
阅读会员资料 发送站内短信
纯属误会



性别:性别:男
年龄:99
十二宫图:天平宫
加入时间: 2009/11/10
文章: 460
来自: 北美
股金: 506
离线

文章时间: 2012-1-22 周日, 上午12:41    标题: 引用回复

纯属误会 写道:

Stocks in U.S. Are Within a Week of `Significant Market Top,' DeMark Says

Bloomberg.com - Jan 18, 2011 4:31 PM ET

DeMark’s Sequential and Combo indicators are giving a sell signal on the main U.S. stock benchmark for the first time since mid-2007.

On a weekly basis, the two indicators signaled on Jan. 14 that a reversal is imminent as the S&P 500 closed at its highest level since August 2008.

The reading Jan. 14 was the first signal of a reversal in the S&P 500 since March 2009



Perfection-Sell Signal: the latest SP500 monthly chart with DeMark TD Sequential Indicator [sample chart updated on Jan. 21, 2012]


_________________
大道至简 锦衣夜行
返回顶端
阅读会员资料 发送站内短信
纯属误会



性别:性别:男
年龄:99
十二宫图:天平宫
加入时间: 2009/11/10
文章: 460
来自: 北美
股金: 506
离线

文章时间: 2013-2-04 周一, 下午8:46    标题: 引用回复


Billionaires Dumping Stocks, Economist Knows Why


Wednesday, 29 Aug 2012 05:32 PM
By Newsmax Wires

http://www.moneynews.com/MKTNews/billionaires-dump-economist-stock/2012/08/29/id/450265?PROMO_CODE=110D8-1&utm_source=taboola


Despite the 6.5% stock market rally over the last three months, a handful of billionaires are quietly dumping their American stocks . . . and fast.

Warren Buffett, who has been a cheerleader for U.S. stocks for quite some time, is dumping shares at an alarming rate. He recently complained of “disappointing performance” in dyed-in-the-wool American companies like Johnson & Johnson, Procter & Gamble, and Kraft Foods.

In the latest filing for Buffett’s holding company Berkshire Hathaway, Buffett has been drastically reducing his exposure to stocks that depend on consumer purchasing habits. Berkshire sold roughly 19 million shares of Johnson & Johnson, and reduced his overall stake in “consumer product stocks” by 21%. Berkshire Hathaway also sold its entire stake in California-based computer parts supplier Intel.

With 70% of the U.S. economy dependent on consumer spending, Buffett’s apparent lack of faith in these companies’ future prospects is worrisome.

Unfortunately Buffett isn’t alone.

Fellow billionaire John Paulson, who made a fortune betting on the subprime mortgage meltdown, is clearing out of U.S. stocks too. During the second quarter of the year, Paulson’s hedge fund, Paulson & Co., dumped 14 million shares of JPMorgan Chase. The fund also dumped its entire position in discount retailer Family Dollar and consumer-goods maker Sara Lee.

Finally, billionaire George Soros recently sold nearly all of his bank stocks, including shares of JPMorgan Chase, Citigroup, and Goldman Sachs. Between the three banks, Soros sold more than a million shares.

So why are these billionaires dumping their shares of U.S. companies?

After all, the stock market is still in the midst of its historic rally. Real estate prices have finally leveled off, and for the first time in five years are actually rising in many locations. And the unemployment rate seems to have stabilized.

It’s very likely that these professional investors are aware of specific research that points toward a massive market correction, as much as 90%.

One such person publishing this research is Robert Wiedemer, an esteemed economist and author of the New York Times best-selling book Aftershock.

Editor’s Note: Wiedemer Gives Proof for His Dire Predictions in This Shocking Interview.

Before you dismiss the possibility of a 90% drop in the stock market as unrealistic, consider Wiedemer’s credentials.

In 2006, Wiedemer and a team of economists accurately predicted the collapse of the U.S. housing market, equity markets, and consumer spending that almost sank the United States. They published their research in the book America’s Bubble Economy.

The book quickly grabbed headlines for its accuracy in predicting what many thought would never happen, and quickly established Wiedemer as a trusted voice.

A columnist at Dow Jones said the book was “one of those rare finds that not only predicted the subprime credit meltdown well in advance, it offered Main Street investors a winning strategy that helped avoid the forty percent losses that followed . . .”

The chief investment strategist at Standard & Poor’s said that Wiedemer’s track record “demands our attention.”

And finally, the former CFO of Goldman Sachs said Wiedemer’s “prescience in (his) first book lends credence to the new warnings. This book deserves our attention.”

In the interview for his latest blockbuster Aftershock, Wiedemer says the 90% drop in the stock market is “a worst-case scenario,” and the host quickly challenged this claim.

Wiedemer calmly laid out a clear explanation of why a large drop of some sort is a virtual certainty.

It starts with the reckless strategy of the Federal Reserve to print a massive amount of money out of thin air in an attempt to stimulate the economy.

“These funds haven’t made it into the markets and the economy yet. But it is a mathematical certainty that once the dam breaks, and this money passes through the reserves and hits the markets, inflation will surge,” said Wiedemer.

“Once you hit 10% inflation, 10-year Treasury bonds lose about half their value. And by 20%, any value is all but gone. Interest rates will increase dramatically at this point, and that will cause real estate values to collapse. And the stock market will collapse as a consequence of these other problems.”

See the Proof: Get the Full Interview by Clicking Here Now.

And this is where Wiedemer explains why Buffett, Paulson, and Soros could be dumping U.S. stocks:

“Companies will be spending more money on borrowing costs than business expansion costs. That means lower profit margins, lower dividends, and less hiring. Plus, more layoffs.”

No investors, let alone billionaires, will want to own stocks with falling profit margins and shrinking dividends. So if that’s why Buffett, Paulson, and Soros are dumping stocks, they have decided to cash out early and leave Main Street investors holding the bag.

But Main Street investors don’t have to see their investment and retirement accounts decimated for the second time in five years.

Wiedemer’s video interview also contains a comprehensive blueprint for economic survival that’s really commanding global attention.

Now viewed over 40 million times, it was initially screened for a relatively small, private audience. But the overwhelming amount of feedback from viewers who felt the interview should be widely publicized came with consequences, as various online networks repeatedly shut it down and affiliates refused to house the content.

“People were sitting up and taking notice, and they begged us to make the interview public so they could easily share it,” said Newsmax Financial Publisher Aaron DeHoog.

“Our real concern,” DeHoog added, “is the effect even if only half of Wiedemer’s predictions come true.

“That’s a scary thought for sure. But we want the average American to be prepared, and that is why we will continue to push this video to as many outlets as we can. We want the word to spread.”


Editor’s Note: For a limited time, Newsmax is showing the Wiedemer interview and supplying viewers with copies of the new, updated Aftershock book including the final, unpublished chapter. Go here to view it now.

Read Latest Breaking News from Newsmax.com http://www.moneynews.com/MKTNews/billionaires-dump-economist-stock/2012/08/29/id/450265?PROMO_CODE=110D8-1&utm_source=taboola#ixzz2Jz8A3q6o

_________________
大道至简 锦衣夜行
返回顶端
阅读会员资料 发送站内短信
纯属误会



性别:性别:男
年龄:99
十二宫图:天平宫
加入时间: 2009/11/10
文章: 460
来自: 北美
股金: 506
离线

文章时间: 2013-2-27 周三, 下午1:34    标题: 引用回复


好书推荐: Hedge Fund Market Wizards: How Winning Traders Win

oxyear PostPosted: 2/10/13 02:11

最近从图书馆借了这本书,有不少好东西可以借鉴。

1.对Correlation的新认识。分散投资的一个重要依据是计算不同资产、市场之间的相关性。
但是人们往往只是静态的观察数据本身而没有分析其背后的不同驱动力在不同市场条件下的变化。

HSBC的一篇文章也观察到了这一点:当市场从RISK ON变成RISK OFF时,原先许多不相关的市场由于流通性原因,相关性大幅提高。
http://articles.businessinsider.com/2012-04-21/markets/31377609_1_assets-hsbc-squares

2.对市场有效性的认识。其实应该换一个命题:市场的非有效性的认识。
原先大家都认为赌场庄家对赌客有先天的优势,但是经过仔细分析,还是能找到赢的策略的。当然赌场也在不停改进规则,来维持它的优势。

3.许多交易系统在结构上具有对冲机制。最大限度在提高回报和降低风险两个方向挖掘潜力。重视对市场运行背后的宏观经济和政策的把握。

AMAZON上有不少评论,可以大致了解一下这本书。里面亦有不少传奇人物八卦故事。

http://www.amazon.com/gp/product/1118273044/ref=s9_psimh_gw_p14_d3_i4?pf_rd_m=ATVPDKIKX0DER&pf_rd_s=center-2&pf_rd_r=14B32VXR8QJWPHEKGNFM&pf_rd_t=101&pf_rd_p=1389517282&pf_rd_i=507846

_________________
大道至简 锦衣夜行
返回顶端
阅读会员资料 发送站内短信
纯属误会



性别:性别:男
年龄:99
十二宫图:天平宫
加入时间: 2009/11/10
文章: 460
来自: 北美
股金: 506
离线

文章时间: 2013-2-27 周三, 下午1:35    标题: 引用回复


Hedge Fund Market Wizards
is ultimately a search for insights to be drawn from the most successful market practitioners. The last chapter distills the wisdom of the 15 skilled traders interviewed into 40 key market lessons. A sampling is provided below:

1. There Is No Holy Grail in Trading
Many traders mistakenly believe that there is some single solution to defining market behavior. Not only is there no single solution to the markets, but those solutions that do exist are continually changing. The range of the methods used by the traders interviewed in Hedge Fund Market Wizards, some of which are even polar opposites, is a testament to the diversity of possible approaches. There are a multitude of ways to be successful in the markets, albeit they are all hard to find and achieve.

2. Don’t Confuse the Concepts of Winning and Losing Trades with Good and Bad Trades
A good trade can lose money, and a bad trade can make money. Even the best trading processes will lose a certain percentage of the time. There is no way of knowing a priori which individual trade will make money. As long as a trade adhered to a process with a positive edge, it is a good trade, regardless of whether it wins or loses because if similar trades are repeated multiple times, they will come out ahead. Conversely, a trade that is taken as a gamble is a bad trade regardless of whether it wins or loses because over time such trades will lose money.

3. The Road to Success Is Paved with Mistakes
Ray Dalio, the founder of Bridgewater, the world’s largest hedge fund, strongly believes that learning from mistakes is essential to improvement and ultimate success. Each mistake, if recognized and acted upon, provides an opportunity for improving a trading approach. Most traders would benefit by writing down each mistake, the implied lesson, and the intended change in the trading process. Such a trading log can be periodically reviewed for reinforcement. Trading mistakes cannot be avoided, but repeating the same mistakes can be, and doing so is often the difference between success and failure.

4. The Importance of Doing Nothing
For some traders, the discipline and patience to do nothing when the environment is unfavorable or opportunities are lacking is a crucial element in their success. For example, despite making minimal use of short positions, Kevin Daly, the manager of the Five Corners fund, achieved cumulative gross returns in excess of 800% during a 12-year period when the broad equity markets were essentially flat. In part, he accomplished this feat by having the discipline to remain largely in cash during negative environments, which allowed him to sidestep large drawdowns during two major bear markets. The lesson is that if conditions are not right, or the return/risk is not sufficiently favorable, don’t do anything. Beware of taking dubious trades out of impatience.

5. Volatility and Risk Are Not Synonymous
Low volatility does not imply low risk and high volatility does not imply high risk. Investments subject to sporadic large risks may exhibit low volatility if a risk event is not present in the existing track record. For example, the strategy of selling out-of-the-money options can exhibit low volatility if there are no large, abrupt price moves, but is at risk of asymptotically increasing losses in the event of a sudden, steep selloff. On the other hand, traders such as Jamie Mai, the portfolio manager for Cornwall Capital, will exhibit high volatility because of occasional very large gains-not a factor that most investors would associate with risk or even consider undesirable-but will have strictly curtailed risk because of the asymmetric structure of their trades. So some strategies, such as option selling, can have both low volatility and large, open-ended risk, and some strategies, such as Mai’s, can have both high volatility and constrained risk.

As a related point, investors often make the mistake of equating manager performance in a given year with manager skill. Sometimes, more skilled managers will underperform because they refuse to participate in market bubbles. The best performers during such periods are often the most imprudent rather than the most skilled managers. Martin Taylor, the portfolio manager of the Nevsky Fund, underperformed in 1999 because he thought it was ridiculous to buy tech stocks at their inflated price levels. This same investment decision, however, was instrumental to his large outperformance in subsequent years when these stocks witnessed a prolonged, massive decline. In this sense, past performance can sometimes even be an inverse indicator.

_________________
大道至简 锦衣夜行
返回顶端
阅读会员资料 发送站内短信
纯属误会



性别:性别:男
年龄:99
十二宫图:天平宫
加入时间: 2009/11/10
文章: 460
来自: 北美
股金: 506
离线

文章时间: 2013-5-01 周三, 下午2:59    标题: 引用回复


Here you go another bullish money inflow situation in US market:
a massive liquidity overspilling by Central Bank of Japan since April of 2013



Pimco’s El-Erian: Fed Is Artificially Inflating Asset Prices in “Most Unloved Market Rally”

By Bernice Napach | Daily Ticker – 5/1/2013


The Fed may have been the catalyst for the start of the stock rally but, the latest surge is really not on the back of the Fed but the Bank of Japan.

In early April Japan’s central bank announced a massive program of monetary easing that would double the country’s money supply and target a 2% inflation rate—all in an effort to once and for all slay the deflation dragon that has plagued Japan for at least a decade.

El-Erian explained why monetary stimulus in Japan is now spilling over into the U.S. stock market. “The markets expect that the Bank of Japan action will push liquidity to markets in the U.S. because Japan can’t absorb all this liquidity, It makes sense to front-run that liquidity.“

But how long can that last?

As long as central banks maintain their easy money policies and the U.S. economy ultimately transitions “to genuine growth [that] will validate market prices," says El-Erian.

With one arm raised and the other lowered, he illustrates the current situation: a wedge between high stock prices and weak economic fundamentals, including a sluggish U.S. economy and a “horrible” European economy.

Eventually that gap has to narrow but in the meantime the continued involvement of central banks can maintain the rally, says El-Erian, they have become the markets’ best friends.

He says people often describe the current stock market as “the most unloved rally,” one that mixes excitement and anxiety. The excitement comes from the profits that investors can pocket; the anxiety from the feeling that the rally is somewhat artificial.

His advice to stock investors: recognize that you are riding this wave of central bank liquidity and “at some point that wave has to give way to something else." In the meantime, be resilient enough to be able to afford a mistake if it happens and agile enough to invest in areas where others aren’t.

_________________
大道至简 锦衣夜行
返回顶端
阅读会员资料 发送站内短信
纯属误会



性别:性别:男
年龄:99
十二宫图:天平宫
加入时间: 2009/11/10
文章: 460
来自: 北美
股金: 506
离线

文章时间: 2013-6-04 周二, 下午2:57    标题: 引用回复


5 Signs Stocks Will Collapse in 2013

Monday, 03 Jun 2013 03:46 PM, By Newsmax Wires
http://www.moneynews.com/Outbrain/interview-exposes-stocks-collapse/2012/09/20/id/456981?PROMO_CODE=109C0-1

A stunning interview with famed economist Robert Wiedemer, author of the New York Times best-selling book Aftershock.

Wiedemer, best known for correctly predicting the collapse of the U.S. housing market, equity markets, and consumer spending
that almost sank the United States during the “Great Recession”, provides disturbing evidence in the video interview for
50 percent unemployment, a 90 percent stock market crash, and 100 percent annual inflation . . . starting as soon as 2013.

-----------------------------------------------------------------

Billionaire Donald Trump Tells Americans to Prepare For 'Financial Ruin'
Tuesday, 06 Nov 2012 12:14 PM, By Newsmax Wires
http://www.moneynews.com/Archives/Trump-Aftershock-American-Economy/2012/11/06/id/462985?PROMO_CODE=103FC-1

_________________
大道至简 锦衣夜行
返回顶端
阅读会员资料 发送站内短信
纯属误会



性别:性别:男
年龄:99
十二宫图:天平宫
加入时间: 2009/11/10
文章: 460
来自: 北美
股金: 506
离线

文章时间: 2013-6-17 周一, 上午6:13    标题: 引用回复


年内股市崩盘的概率有多大?

财经网|2013-06-17


新一次崩盘要来了?什么时候?年内?

在《股市长线法宝》(Stocks for the Long Run)一书里,经济学家杰里米•西格尔 Jeremy Siegel 研究了1801年到2001年的所有“市场大波动”,结论是75%的“大波动”都没有原因,没有谁可以预见。技术分析师和交易员或许可以预见下一秒钟的短线走势,或许可以预见明天的短线走势。但长线“市场大波动”呢?没法预见。

那么为什么预测2013年再现崩盘的概率有“87%” 呢?这是因为在统计概率论、历史事实和专家观点的真实世界里,到处都闪烁着危险的信号。2008年年中,我们汇总了20位专家在之前数年的预测,他们预测几年过后会出现崩盘,结果两个月市场就崩了。真快。

回过头来看,这是不可避免的,部分原因在于美联储(Fed)主席本•贝南克(Ben Bernanke)和财政部长亨利•鲍尔森(Henry Paulson)大肆渲染、傲慢、无能,没有让美国做好准备。

警告信号再次越来越密集,华尔街赌场内部人士有关市场反弹、房地产复苏和低利率永久化的乐观言论也是越来越密集。别听他们的,年内就会发生新一轮崩盘。

是的,下任美联储主席持续印制低息钞票一直到2014年的概率有13%。然而在2013年12月31日的时候,我们不断“老迈”的牛市已经有四岁半,早已超过了比尔•奥尼尔 Bill O'Neill 所说的牛市“平均”维持的时间3.75年。

所以,如果不是在做空,华尔街赌场面向2014年的所有赌注都跟2008年一样充满了巨大的风险。跟史蒂芬•金(Stephen King)的恐怖片一样,你都能感觉到它的到来。西格尔Siegel 的研究报告说,什么时候都有可能发生,哪怕是明天都有可能。这也就是纳西姆•塔利布(Nassim Taleb)《黑天鹅》(Black Swan)一书中的不可预测逻辑

下面的另外10条预测也增加了2013年年内出现崩盘的可信度:

1. 沃伦•巴菲特四年前“保证”会有新的泡沫、新的衰退出现。

实际上他很早就预见到了。2008年崩盘后不久,有人问沃伦•巴菲特(Warren Buffett):“你认为会不会还有一次泡沫、引起巨大的衰退?”他回答说,会有的,“我可以保证”。周期是逃脱不掉的。

接下来的问题:“我们为什么不能从上次衰退中汲取教训?你看看,因为贪婪,我们都到了何种地步。”然后沃伦大叔带着禅宗大师一样的顽皮笑容回答说:“一定时间内,贪婪很好玩,人们无法抗拒。”然而,“不管人类已经有多进步,我们在情绪上根本就没有长大,跟原来没区别”。

是的,世界最富有的人之一亲口保证会有新一次泡沫、新一次“巨大衰退”的到来。如今四年过去了,那个定时炸弹的嘀答声越来越响,越来越近。

2. 美联储顾问委员会:“股市债市不可持续的泡沫”

International Business Times刚刚报道了美联储顾问委员会(Federal Reserve Board Advisory Council)5月中旬会议的纪要。委员们“对美联储低利率政策及其债券收购计划表示强烈担忧,他们说,这些政策可能会引起无法想象的通货膨胀,以及股市、债市一股‘不可持续的泡沫’”。部分委员“指出近零利率无法长久维持”。为何?

“通胀率突增可能会迫使美联储加息,挫伤企业信心和消费支出,到头来给美国经济造成灾难,何况美国经济仍未完全摆脱2008年金融危机造成的损伤。”明白没?美联储和华尔街内部人士都听到,有个什么东西就在前方不远。

3. 彼得•席夫“加倍下注”他的“末日”预言

MarketWatch的格雷格•罗布(Greg Robb)前不久写道,Euro Pacific Capital的CEO、《真正崩盘:美国即将到来的破产》(The Real Crash: America's Coming Bankruptcy)作者彼得•席夫(Peter Schiff)依旧“坚持对美国经济的末日预测”。他预计到时候怎么都是输:“美联储要么是停止执行量化宽松政策,开始出售资产负债表上的美国国债和按揭相关资产,从而引起衰退,要么是面临一场不可避免、雪上加霜的货币危机。”

“美国经济正在复苏的观念完全是基于资产价格的上涨……资产价格上涨只是因为利率低。一旦利率回升,资产价格就会下跌。”

去年席夫在Fox Business警告说:“一次大得多的崩盘即将到来。”前段时间他又说:“我100%地肯定,即将发生的危机将比2008年那一次严重得多。”他的100%超过了我们的87%。

4. 比尔•格罗斯:“信贷超新星”把2013年牛市变成大熊市

没错,比尔•格罗斯(Bill Gross)认为“信贷超新星”(credit supernova)就在眼前。当美联储的低息资金最后在美国面前迎面爆炸、再度拖累整个经济时,他的公司将有二万亿美元面临风险。格罗斯警告说:“10年前还促进小企业发展、促进企业向公开市场转型的投资银行业,现在已经是由杠杆化投机和庞氏金融主导。”

贝南克的庞氏金融是自杀性的、致命的,且体量庞大。源源不断的低息资金搅乱了信贷扩张与真实经济增长之间的平衡,导致回报越来越少。真是坏消息。

5. 加里•希林预计“大脱钩”将引致“惊悚片”上演

没错,经济学家加里•希林(Gary Shilling)预计年内会有一场“惊悚片”上演。更糟的是,投资者“很少关注世界各地经济的疲态和下滑之势,而把注意力集中在央行创造的资金洪流上面”。

“大脱钩”推高了股价,而“低利率环境下投资者对收益率的热情使垃圾债券及其他低质量债券受益”。华尔街正在吹起一个糟糕的新泡沫,重复2008年崩盘之前的情形。

6. “大爆炸就在前方”,2008年崩盘“不祥的第三阶段”

《彭博市场》(Bloomberg Market)采访Doubleline Capital公司CEO杰弗里•甘德拉齐(Jeffrey Gundlach)的文章标题高呼:“债券大师买股票,预计‘大爆炸’就在前方”。之前他预见了2008年的崩盘,但现在他说,真正的破坏还在前方。

“溃败即将到来,它的第一阶段是27年来公司、个人及主权债务的积累。这一阶段一直持续到2008年。”然后低息资金“终于击垮了银行,将全球经济推向衰退,促使各国政府和央行花费数万亿美元的资金来刺激经济增长”。接下来是“不祥的第三阶段”,一次更大的崩盘,其影响将远超2008年造成的破坏。

他在买进什么?硬资产。除此以外就是“坐拥现金”,等着以跳楼价抄底更多资产,“此事值得一等”。

7. “嘀嗒,嘀嗒……轰!”InvestmentNews预计债市崩盘就在眼前

几个月前,InvestmentNews头版标题振聋发聩,你彷佛听到了警笛在呼啸。它用大号粗体字警告:“嘀嗒,嘀嗒……轰!”读者是九万名信任InvestmentNews预测的专业财务顾问。

这是2008年来最强烈的一次警告:“当债券这个定时炸弹爆炸,你客户的投资组合会变成什么样子?”问的是“当”,而不是“如果”。没错,他们预计债券炸弹会很快爆炸。

醒醒吧,InvestmentNews认为数百万美国人面临着极端的危险,他们“不知道自己即将遭遇什么……嘀嗒,嘀嗒……轰!”

8. 里根的预算主任预计“末日”将要到来,“赶紧逃跑吧”

前不久戴维•斯托克曼(David Stockman)给出经济“末日”临近的警告,而这个“末日”源自“流氓央行教唆华尔街赌场,把存款人钉在零利率十字架上,并加剧全球大宗商品泡沫,这个泡沫带来食品和能源价格的上涨,削弱了普通人的生活水平……逃出市场,带着现金躲起来吧”。

斯托克曼不只是警告2009年以来的牛市将以崩盘告终。从里根改革以来,这次“大泡沫”已经积累了32年之久。他在为整整一代没有道德罗盘的政治家赎罪:“资本主义已经演变成一个垄断社会,由服务于上层富人的政治家统治。竞争就是一个笑话。”

9. 努里尔•鲁比尼:为动荡世界的“完美风暴”做好准备吧

没错,准备,准备,准备。“末日博士”努里尔•鲁比尼(Nouriel Roubini)对Slate.com说:我们的世界就是一场多米诺骨牌游戏,任何一张骨牌都可能带来全球崩盘的上演。他说,围绕债务上限问题,“迟早会有新一场难看的争斗上演”,市场将因为“本来就只有2%增长的经济受到严重拖累而吓坏”。

“末日博士”警告说,纵观欧元区、中国、金砖国家、伊朗、中东、巴勒斯坦、石油市场等世界上的热点问题,“真正的战鼓会敲得越来越响”。其中任何一个趋势“就足以让整个世界经济停顿下来并滑入衰退”。

10. 杰里米•格兰瑟姆:美国的增长与繁荣已经“一去不复返”

杰里米•格兰瑟姆(Jeremy Grantham)的GMO公司管理着1,000亿美元的资产。他关注着理查德•戈登(Richard Gordon)让人不安的研究报告《美国经济增长完了?》(Is U.S. Economic Growth Over?)。格兰瑟姆说,确实完了,“美国GDP增长率……已经一去不复返”。

工业革命之前几百年的增长速度都是不到1%,之后一直到1980年的增长趋势都“引人注目”,“3.4%的年增长率维持了整整一百年”,推动着美国梦的实现。但格兰瑟姆说:“1980年过后增长水平开始下滑,较60年代峰值下降1.5%以上,较之前30年平均水平下降接近1%。”到2100年,美国GDP增长率将回落到工业革命之前的起始水平,即不到1%的年增长率。

巴菲特保证……席夫加倍下注……格罗斯预见超新星……希林的大脱钩……甘德拉齐的不祥第三阶段……斯托克曼的末日……InvestmentNews的嘀嗒嘀嗒轰……鲁比尼的完美风暴……格兰瑟姆的增长一去不复返……把赌注下在华尔街赌场……风险是只有87%……还是有100%?

_________________
大道至简 锦衣夜行
返回顶端
阅读会员资料 发送站内短信
纯属误会



性别:性别:男
年龄:99
十二宫图:天平宫
加入时间: 2009/11/10
文章: 460
来自: 北美
股金: 506
离线

文章时间: 2013-7-26 周五, 下午9:28    标题: 引用回复

纯属误会 写道:

年内股市崩盘的概率有多大?

财经网|2013-06-17


7. “嘀嗒,嘀嗒……轰!”InvestmentNews预计债市崩盘就在眼前

几个月前,InvestmentNews头版标题振聋发聩,你彷佛听到了警笛在呼啸。它用大号粗体字警告:“嘀嗒,嘀嗒……轰!”读者是九万名信任InvestmentNews预测的专业财务顾问。

这是2008年来最强烈的一次警告:“当债券这个定时炸弹爆炸,你客户的投资组合会变成什么样子?”问的是“当”,而不是“如果”。没错,他们预计债券炸弹会很快爆炸。

醒醒吧,InvestmentNews认为数百万美国人面临着极端的危险,他们“不知道自己即将遭遇什么……嘀嗒,嘀嗒……轰!”



Whitney Says Wall Street's Biggest Layoffs Ahead

July 25, 2013 (Bloomberg) -- Meredith Whitney, chief executive officer of Meredith Whitney Advisory Group, talks about Detroit's decision to file for bankruptcy,
the municipal bond market and the outlook for financials. Whitney speaks with Tom Keene, Sara Eisen and Scarlet Fu on Bloomberg Television's "Surveillance."
Ralph Schlosstein, chief executive officer of Evercore Partners Inc., also speaks. (Source: Bloomberg)

_________________
大道至简 锦衣夜行
返回顶端
阅读会员资料 发送站内短信
显示文章:   
发表新主题   回复主题 茶香股谈首页  -> 资料区 ->  财经新闻 所有的时间均为 美国东部时间
分页 上一页  1, 2, 3, 4, 5  下一页
4页,共5

 
论坛转跳:  
不能在本论坛发表新主题
不能在本论坛回复主题
不能在本论坛编辑自己的文章
不能在本论坛删除自己的文章
不能在本论坛发表投票
不能在这个论坛添加附件
不能在这个论坛下载文件