Here is your Crux PM update:
S&P 500 could fall another 55% from here
The S&P 500 is still far from its historical low P/E ratios.
Bankruptcy watch: Blockbuster plunges 80%
The video rental chain hired a law firm; is considering bankruptcy.
Today's entertainment: A tragic – and hilarious – loss if newspapers go extinct
"Man hit by car while sleeping on highway"… a tribute to funny newspaper articles and pictures.
Why value metrics are causing huge losses right now
Many investors are forgetting the "E" in the P/E ratio is collapsing.
"Why I hate to hear the Star Spangled Banner and refuse to say the pledge"
American war veteran tells a sad story of what's happening in the world.
Chinese math whiz created the formula that caused the mortgage crash
Here's how Wall Street foolishly used a single equation to justify piles of stupid investments.
Book preview: House of Cards: A Tale of Hubris and Wretched Excess on Wall Street
An inside look at what sent the Bear Stearns empire crumbling.
Gold falls for seventh straight day
The precious metal is hovering around $900.
Don't count on dividends to cover your investment losses
This is the worst dividend year since 1938.
Regards,
The Daily Crux
www.thedailycrux.com
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