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By Cees Bruggemans The SARB today announced another 0.5% increase in interest rates, with prime set to increase to 15%. This is the ninth such increase since mid-2006. With CPIX inflation at 9.4% and still likely to rise further, pushed along by rising commodity prices (oil and food especially), a weaker [...] More on this topic (What's this?) Two Measures of Inflation: New Update (Phil’s Stock World, 11/30/12) The U.S. Lies About Inflation: Here's The Inflation Secret The Government Doesn't Want You to Know (Money Morning, 4/13/12) Best Assets to Own During Inflation (Learn Mining News, 2/17/12)
After the sense of relative calm of the previous week, investors again had to stomach “a thrill a minute” during the past week, with the recent stock market rally reversing course as sentiment took a turn for the worse on the back of the familiar themes of deteriorating economic data, housing woes, and concerns about further asset write-downs in the financial sector. Read all about this in my regular weekly blog post, highlighting some thought-provoking news items and quotes from market commentators during the past week. [...]
I have just had my first one-on-one discussion with the legendary Richard Russell. This was a truly memorable encounter as I have been subscribing to his newsletter, the Dow Theory Letters, for the past 25 years, and I consider Mr Russell as my mentor in the common-sense faculty of investment. Mr Russell’s outlook for the stock market is also included in this post. [...] More on this topic (What's this?) The Dow Reaches a Four-Year High (Wall Street Daily, 5/2/12) DJIA Chart – Trading Channel or Not? (My Trader's Journal, 5/13/12) Dwolla: Threat to the Financial Services Industry? (Investment U, 4/24/12)
Source: Tom Toles, The Washington Post, April 4, 2008.
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The March edition of the Reuters South African Survey of Economists has just been published. SA economic confidence, as measured by the Reuters monthly Econometer, recovered in March from its lowest levels, since June 2004. (The Econometer is a measure of economic sentiment drawn from a monthly poll of forecasts by [...] More on this topic (What's this?) Busy Days for Huawei Marine (Telecom Ramblings, 1/17/12) Survey says vast majority of Americans want voter ID so why all the ruckus? (Rasmussen) (The Political and Financial Mark..., 3/18/12) Maybe Not Forgotten (Financial Armageddon, 4/4/12)
Source: Tom Toles, The Washington Post, April 6, 2008.
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