Sunday 31 July 2011

EUROPE, CHINA, USA: ON-COMING TRAIN





Sean Egan is a credit analyst who boasts one of (if not the) most impressive records in the business.  




Back in '07 and '08 his boutique credit ratings agency Egan-Jones correctly warned its clients of the impending insolvency of a slew of large institutions, months before their more famous rivals S&P and Moody's and long before 99% of economists and so-called expert analysts grasped the scale of the crisis.


Sunday 10 July 2011

THE CURSE OF THE DOMED HOUSE II (Revenge of the Red Dragon)




The Fire Dragon dance, Hong Kong mid-autumn Festival.
But it may be China bulls getting a roasting in the Hong Kong stock market

this autumn...




In April I introduced my reader to the possibility that stock markets across the world were set for a major top, after discovering a venerable technical pattern in the charts going by the peculiar name of Three Peaks and a Domed House