But it doesn’t matter. We still altered mark to market accounting today.
The Roubini video is good as well. He covers a number of different pertinent topics. Especially important is how he ties everything into earnings expectations. The idea is a a v-shaped recovery is practically laughable….
Mr. Roche is the Founder and Chief Investment Officer of Discipline Funds.Discipline Funds is a low fee financial advisory firm with a focus on helping people be more disciplined with their finances.
He is also the author of Pragmatic Capitalism: What Every Investor Needs to Understand About Money and Finance, Understanding the Modern Monetary System and Understanding Modern Portfolio Construction.