Real worry has a very short half-life on Wall Street of say three to six months. After every giant decline, there's an enormous rebound and the thing for investors to keep in mind is that we're still in one.
The bull-bear debate rages on, but no two ways about it: the bull has firmly grabbed the Wall Street reins. The bears are still out there hollering fire, but the fact of life is no one is paying any attention to the dire warnings.
To money manager Selwyn Ortz of Hong Kong-based HK Investments Ltd., the sudden mad dash for equities conjures up an observation from Winston Churchill: "The farther back you can look, the farther forward you are likely to see."
Tonight, at the Venice Film Festival, I will premiere my new movie, "Capitalism: A Love Story." After 16 months of production, I am proud to present this work of mine to you. It is unlike anything you'll see this year.
The Chinese banking system has been through so much stress during the last few decades, they are in a much better position than the U.S. to deal with the global financial crisis, says Joshua Cooper Ramo.