On September 17, 2007, Capital Flow Watch called the top of the Buyback Bubble, issuing a warning that stock prices might be in for a sharp fall. Unfortunately, that comment turned out to be correct. The outlook considered two simple facts: Stock prices are supported by equity buybacks, which, in turn, now […]

Since 2003, the US dollar has fallen almost 50% against the Brazilian Real. What caused this to happen and what does it mean for the future of the dollar? […]

A  self-proclaimed ‘independent, non-partisan’ group of investment bankers, hedge fund operators, leveraged buyout experts, venture capitalists, fund managers, lawyers, accountants, and closely associated academics formed a “Committee on Capital Market Regulation“ that issued a report on US equity markets on November 30, 2006, after less than two months of deliberation. […]