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The past week witnessed an extraordinary set of events on the financial front, a rogue trader creating havoc at Société Générale, and wild swings on global stock markets as mounting concerns about a recessionary US economy and the implications for global growth continued to weigh on investor sentiment. This regular weekly article highlights some thought-provoking news items and quotes from market commentators during the past week, and briefly reviews the week’s market action on the basis of economic statistics and a performance chart. [...]
The Chinese calendar proclaims this as the Year of the Rat. Based on the behavior of economies and financial markets over the past few months, investors would be forgiven for thinking that a plague has descended upon the financial system. But on occasion it is useful to step back from the day-to-day shenanigans of markets and take a bird’s-eye view of events. And there is nobody better to assist with this than Donald Coxe, Global Portfolio Strategist of BMO Financial Group. [...] More on this topic (What's this?) Measuring the Performance of the Ivy Portfolio (Phil’s Stock World, 12/1/12) Investment Forecast: Why 2012 Will Be the Year of the "Micro Boom" (Money Morning, 12/27/11) My 5 Rules for Successful Investing (Wealth Daily, 11/28/11)
Since 1905, South Africa has been the world’s top producer of gold. That has now changed, due to an increase in production out of China (helped, it has been pointed out, by Canadian companies). And by a decrease in South African production – down 8.1% over the last year alone – due to [...] More on this topic (What's this?) Scary: Why China is Buying Gold Like Mad (Learn Mining News, 1/30/12) Gold and Silver Are Headed for Record Highs (Wealth Daily, 1/31/12) Why the Gold Slump is Not Over (Investment U, 1/9/12) | ||||||||||||||||||||||||||||
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