With scandal-ridden capital markets, a mediocre recovery and still high valuations, a lengthy bottoming and healing period is needed before we get a substantial upturn in equities.

We are in a healing process which will take a couple of months.

Like the wreckage of a house after a hurricane, the wreckage of a life must be cleaned up before a new one can be built.

excellent performance in our corporate and capital markets driven businesses.

Mediocre people don’t like high achievers, and high achievers don’t like mediocre people.

In the east," she says after a time, her gaze still downcast, "there is a tradition known as kintsukuroi. It is the practice of mending broken ceramic pottery using lacquer dusted with gold and silver and other precious metals. It is meant to symbolize that things can be more beautiful for having been broken."
"Why are you telling me this?" I ask.
At last she looks at me. Her irises are polished obsidian in the moonlight. "Because I want you to know," she says, "that there is life after survival.