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China Is in Midst of `Greatest Bubble in History,' ex-LTCM's Rickards Says China is in the midst of “the greatest bubble in history,” said James Rickards, former general counsel of hedge fund Long-Term Capital Management LP.

BRICs Rally Slows as Highest Valuations Since 1995 Undermine Record Flows The combination of record mutual fund inflows and the fastest economic growth are failing to lift shares in the largest developing nations with valuations at the highest level versus advanced countries since at least 1995.

VIX Doesn't Work as Signal for Returns in S&P 500, Birinyi Research Shows Investors looking for clues about the U.S. stock market should probably ignore the Chicago Board Options Exchange Volatility Index, according to a study of the VIX by Birinyi Associates Inc.

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John Dorfman

I rarely buy a stock whose debt is greater than stockholders’ equity, or corporate net worth per share. In effect, that means I won’t give a second look to about one third of U.S. stocks.

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