Monthly Archives: April 2019

“The number of zombie companies in advanced economies last year stood at 536, or 13% of the total, according to Bank of America Merrill Lynch.” https://www.cnn.com/2019/03/31/investing/stocks-week-ahead-zombie-companies-debt/index.html A September 2018 BIS report wonders whether this is setting a low interest rate … Continue reading →

If you feel as though you are walking through an Alice in Wonderland film set, you are probably not alone. It appears “Out of sample” market experiences are proliferating across many market measures. I believe this “out of sample” experience … Continue reading →