Tag Archives: Morgan Stanley

Facebook as the “Ultimate Black Swan”

We have half joked about this on Friday after a ton of the Facebook traded around its IPO price of $38 and no doubt many of the shares came back to the Street.   Oliver Stone couldn’t write a better script. … Continue reading

Posted in Black Swan Watch, Monetary Policy | Tagged , , , | 2 Comments

Quote of the Day

Markets don’t change when fundamentals change, markets change when beliefs change  – David Darst

Posted in Quote of the Day | Tagged , | 5 Comments