So Much For Diversification!

At least, that’s my conclusion from this chart/table via the NYT’s Floyd Norris:

“Whatever else you might want to say about the virtues of international diversification, in this cycle it has done little to balance the risks of investing in any…

Harry Winston Diamond Corporation F2Q10 (Qtr End 07/31/09) Earnings Call Transcript

Harry Winston Diamond Corporation (HWD)

F2Q10 Earnings Call

September 11, 2009 9:00 am ET

Complete Story »

Read the whole story on Seeking Alpha

Report: Car Sales Slump 11% Below June Levels

From the Financial Times: ‘Cash-for-clunkers’ sales disappoint Detroit (ht James)

[S]igns are already emerging that overall sales will fall back sharply now that the incentives have expired.

[Edmunds.com] estimates that, based on visits to its websites, “purchase intent” is down 11 per cent…