| ||||||||||||||||||||||||||||||||||||||||||||||
Why are stock markets not tanking against the background of the sub-prime meltdown and an increasing number of “experts” calling for a US recession? One explanation for this seeming anomaly has been offered by George Friedman, CEO of Stratfor. (Stratfor, short for Strategic Forecasting, focuses on analysis and forecasts of geopolitical, economic, [...] More on this topic (What's this?) Scary: Why China is Buying Gold Like Mad (Learn Mining News, 1/30/12) The EU’s Great Kowtow to China (Wall Street Daily, 2/2/12) Why China's "Blindside" Could Be A Great Buying Opportunity (Money Morning, 1/6/12)
The following humorous sketch ended up in my inbox a few days ago: “Following the problems in the sub-prime lending market in America and the run on Northern Rock in the UK, uncertainty has now hit Japan. “In the last seven days, Origami Bank has folded, Sumo Bank has gone [...] More on this topic (What's this?) Godzilla Will Come Out of Tokyo Bay Before Japan Rebounds (Money Morning, 2/2/12) How Bankers Use Partisan Politics to Cause Division Among Us (the Underground Investor, 11/22/11) Got Any Spare Change? European Bank Stocks Need $153 Billion (Wall Street Daily, 12/13/11)
I visited a terminally ill friend in hospital yesterday. It was not a pleasant experience as it was quite apparent that the writing was on the wall. But fading away from life does not mean a continuous deterioration – he still perks up from time to time as glimmers of hope lift [...]
Phew – what a tumultuous week! MarketWatch very aptly described the events as “a central-banking version of the old playground poem ‘Solomon Grundy’.” “Ben Bernanke and company were speculated about on Monday, cut rates on Tuesday, took steps to inject credit-market liquidity on Wednesday, and were scrutinized and debated over on Thursday [...]
I am writing this week’s edition of “Words” from New York as a cold Big Apple readies itself for the Christmas season (and tempts European tourists with dollar bargains). Irrespective of the fact that NYC was supposedly displaced by London as the financial capital of the world, it remains a fascinating hub [...]
Coming back on the 12-hour flight from London to Cape Town two days ago I did what I thought was undoable – I actually managed to catch eight hours’ sleep, blissfully unaware of the machinations of financial markets for the duration of the flight. The thought crossed my mind whether central bankers [...] | ||||||||||||||||||||||||||||||||||||||||||||||
Copyright © 2012 Investment Postcards from Cape Town - All Rights Reserved Performance Optimization WordPress Plugins by W3 EDGE | ||||||||||||||||||||||||||||||||||||||||||||||
Recent Comments