Rebate checks – not what it is made out to be?

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Source: Unknown

 

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Propping up the US consumer

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Source: Economist, May 1, 2008.

 

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5 Minute Management Course

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Lesson 1 A man is getting into the shower just as his wife is finishing up her shower, when the doorbell rings. The wife quickly wraps herself in a towel and runs downstairs. When she opens the door, there stands Bob, the next-door neighbour. Before she says a word, Bob says, ‘I’ll give [...]

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What will you do with your stimulus check?

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Hat tip: Barry Ritholtz’s The Big Picture

 

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Words from the (investment) wise for the week that was (May 12 – 18, 2008)

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Equity bulls experienced another good week based on the viewpoint that the worst of the credit crisis might be behind us. A further improvement in investor sentiment and increased risk appetite caused market participants to cast aside a mixed bag of economic and corporate data and look across the “economic valley”. 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. [...]

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South Africa’s economic outlook: 2008 – 2009

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By Cees Bruggemans

After a still strong 2007 in which non-agricultural GDP averaged 5.5% growth, CPIX inflation was a subdued 6%, and the rand averaged 7.05:$, economic prospects for 2008-2009 have undergone an abrupt deterioration.

The main negatives have been electricity disruptions, a further steep climb in CPIX inflation mainly on [...]

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