2008.10.20 |
Commentary |
money
We’re in the midst of the mother of all financial train wrecks. But for those with many years and many thousands of miles to go, getting on the wrecked train and staying on it is still the best bet. Even if it crashes again, as it surely will…
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2008.10.13 |
Commentary |
money
Today, like the September 29 bloodbath, seems to have been a historic day. Only this time the map of the market is almost all bright green. On the heels of the sharpest weekly percentage decline on record, US market averages are said to have jumped today the most on a single day since the sharp [...]
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When banks are failing and thousands on Wall Street are losing their jobs and The Economist graces its cover with an image of the world on the edge of the abyss and the fear sets in, what is one to do? Here at Gropestone we drew a picture. One long picture…
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The relief rally today after yesterday’s great sell-off made all of us at Gropestone feel better. Until we reviewed the cruel math of the recovery curve.
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2008.09.29 |
Commentary |
money
Today was a historic day. Red drenched the map of the market (see screenshot). Not the lucky red of Chinese stock markets when they rise. The ugly red of tanking US markets. For US stock markets 30% to 40% drops from peak to trough over a period of weeks and months are not extraordinary. But [...]
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