Last night I caught a snippet on Woodside calling it quits on a prject in WA. Ordinarily this wouldn’t worry me but I was intrigued by all the crap speak that surrounded the event. So I went in search of what was actually happening. – Woodside Petroleum Ltd. has decided against using the Western Australian…
From The Economist – Some revisions may be down to cock-up but a closer look hints at conspiracy. Counter-intuitively, most fixes aim to make performance look worse than originally stated. That is probably because two-thirds of funds charge performance fees only if they are at or above their highest valuations. Eager to bring forward the time…
I have been seeing a few articles pop up about how bearish Wall Street is about the current rally. The chart below courtesy of Merrill Lynch has been popping up for the past few months. Apparently it is telling me that analysts have not been this bearish for about 30 years. To be honest I…
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