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A sense of relative calm descended upon financial markets over the past week. Although fears about the outlook for the US economy persisted, a perception crept into markets that much of the bad news related to the credit crisis was now out in the open, with the result that the equity bulls had reason to feel rather pleased with their performance by the close of the week. Read all about this in my weekly blog post, highlighting some thought-provoking news items and quotes from market commentators during the past week, and briefly reviewing the week’s market action. [...]
George Soros has just launched a new book “The New Paradigm for Financial Markets: The Credit Crisis of 2008 and What it Means”, which will arouse considerable interest. Coinciding with the launch, Chrystia Freeland, US managing editor of Financial Times, conducted a three-part video interview with Soros on a variety of highly topical issues. PS: Some people previously experienced a problem with the FT’s website requesting login details. As far as I can ascertain this is no longer the case. [...] More on this topic (What's this?) George Soros 2012 Market Outlook (Kirk's Market Thoughts, 1/26/12) George Soros’s Newest Portfolio Picks (Investment Underground » Page n..., 10/19/11) A U.S. Double-Dip Recession? Why George Soros is Wrong (Money Morning, 8/16/11) | ||||||||||||||||||
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