Wealth Creation Through Natural Resources
After a few years of healthy gains we have seen the median existing home price slip roughly 6-7% during the 2nd half of 2015: Notice the stair-step pattern of price appreciation since 2011. Are we ready for the next … Continued
The following chart tells a timeless tale of investor psychology: As equity prices trend higher investors are willing to take more risk, however, at the first sign of a market downturn investors are quick to liquidate positions and exit … Continued
Howard Marks, the legendary founder of Oaktree Capital Management, is out with his latest quarterly memo and it is titled “Liquidity”. Marks offers us a treatise on liquidity in capital markets as he delves into the illusion of liquidity that many … Continued