Explaining the Summer Swoon “Sell in May and go away.” –Investing maxim Selling in May sure seems to have been good advice this year: the Dow is down about 700 points (almost 5%) from its Spring high. The explanation? (or at least one of them): Wall Street’s “A” team departs for the Hampton’s in the...Read More
Wall St. Pay: the (Dis)Honor System Lives! So, how do people on Wall Street — and their defenders, like The Wall Street Journal — define “restraint?” A. Turning down the heat to 65 degrees.B. Cancelling their cable subscription.C. Taking public transportation to work, instead of the car.D. Paying one’s self only $9 million, instead of...Read More
