Better Markets, a pro-financial reform Wall Street watchdog, estimates the total loss of American wealth since Sept. 15, 2008, when Lehman filed for bankruptcy, as $12.8 Trillion dollars — almost one year’s GDP. Better Markets president & CEO Dennis Kelleher calls for effective regulation of systemically important Wall Street firms to prevent a recurrence of the GFC.
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Better Markets: Cost of the Crisis (PDF)
Colin Twiggs is a former investment banker with almost 40 years of experience in financial markets. He co-founded Incredible Charts and writes the popular Trading Diary and Patient Investor newsletters.
Using a top-down approach, Colin identifies key macro trends in the global economy before evaluating selected opportunities using a combination of fundamental and technical analysis.
Focusing on interest rates and financial market liquidity as primary drivers of the economic cycle, he warned of the 2008/2009 and 2020 bear markets well ahead of actual events.
He founded PVT Capital (AFSL No. 546090) in May 2023, which offers investment strategy and advice to wholesale clients.