Hedge fund manager David Tepper was interviewed last night on CNBC (he seems to have a major interview with them about once a year), and really got the market firing around this time in 2010 with his comments. Gives ans interesting perspective on markets, China, company valuations, central bank reserves etc. Link to a video attached, just let it run and I think it may take you through all parts of the interview on the CNBC website
http://www.marketwatch.com/story/da...-the-stock-market-2015-09-10?dist=tbeforebell
A follow on discussion on the US market by Carter Worth with graphs, and data that earning last quarter fell 0.7% while revenue fell 3.4% (S&P500 companies I think). I suppose those falls would have been less or not have occurred if the oil price was higher? Not sure how much of the drop in oil price happened last quarter - perhaps not a lot.
loki (C'mon Janet, pull the trigger and make my day)
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The Brains Trust - 2015, page-10490
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