Good afternoon, There was a time in the 1990s when investors worried that the market would not be able to deal very well with Alan Greenspan’s retirement. As it turns out investors had irrationally and exuberantly idealized the Chairman’s quasi … Continue reading →

Good afternoon, Sometime in the not very distant future we may learn all the details surrounding the very curios case of Popular’s dying throes. We say curious because the Bank of Spain keeps saying that Popular was solvent on June … Continue reading →