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By Jeremy Gardiner The second quarter of 2008 continued along a theme that is becoming all too familiar and is a trend that has now been in place for seven years. Simply put, if you weren’t in commodities, you didn’t make any money. In fact, you probably lost money. The resources-heavy [...] More on this topic (What's this?) The Commodities Supercycle (Investment U, 2/2/12) Glencore International, Xstrata Could Make the Next Biggest Deal in Global Commodities (Money Morning, 2/2/12) Commodity Bear Markets Since 1975 (Top Foreign Stocks, 10/30/11)
“The financial crisis has shown that markets are bubble-prone and that laissez-faire regulation doesn’t work. The authorities need to get a grip if we are to avoid a mega-bubble. But we may need an even deeper crisis for that to happen.” That is the conclusion of a fascinating round-table discussion just published by Prospect magazine. [...] More on this topic (What's this?) George Soros 2012 Market Outlook (Kirk's Market Thoughts, 1/26/12) 12 Shocking Facts about the Bakken (Wealth Daily, 1/27/12) Keith Fitz-Gerald: Why Europe's Latest Bailout Won't Work (Money Morning, 12/21/11)
By Kevin Lings In the first six months of 2008, the rand exchange rate weakened by 12.6% against the dollar. This makes the rand one of the worst-performing currencies in the world for the year to date. In fact, looking at a list of the 22 most important emerging markets in the [...] More on this topic (What's this?) Why We Need Currency Competition (Learn Mining News, 1/25/12) The Basics of Currency Investing (Money Morning, 12/16/11) Fiat Currency – An Overview (Money Morning, 11/6/11)
By Cees Bruggemans What took four years to build up during 2004-2007 was wiped out in a matter of six months in 1H2008. It is a dubious achievement indeed. FNB/BER consumer confidence dropped to a level of -6 in 2Q2008 compared to +12 in 1Q2008 and +22 in 4Q2007. That’s a [...] More on this topic (What's this?) Econ Report Card: Consumer Confidence Drops (XLY, XLP, VDC) (Wall Street Sector Selector, 1/31/12) Consumer Confidence Jumps (In The Money, 11/29/11) U.S. Michigan Consumer Sentiment Index “Unexpectedly Falls” – Come On… (Wall Street Sector Selector, 10/14/11)
I have put together a table of global stock markets’ performance over various measurement periods. The numbers speak for themselves and can best be summarized in a single sentence: “Nowhere to hide.” [...] | |||||||||||||||||||||||||||||||||||||||
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