 By Prieur du Plessis, on September 26th, 2008 posted in: Investment, Markets, Money  “As the scarecrows (‘if I only had a brain’) in Washington bicker over partisan politics, the life blood of our economy is no longer flowing. Each hour that passes that a deal doesn’t get done, a tick of GDP washes away. By the time legislation does get passed, too much damage could already have been done,” said Bespoke while watching the CDS spreads sky-rocketting. […]  |
By Prieur du Plessis, on September 26th, 2008 posted in: Guest Bloggers, Investment, Markets, Money Greetings from London where I am spending a few days on a business visit. Economic doom and gloom prevail in this neck of the woods, but the real focus is on the US government’s bail-out plan. This post is a guest contribution from the economists at Morgan Stanley, providing food for thought on the chances of the plan being successful and its likely impact on financial markets. Remember to also post your views on this topic in the comments section of the blog site. […] By Prieur du Plessis, on September 26th, 2008 posted in: Humor Hat tip: Barry Ritholtz’s The Big Picture, September 25, 2008. Did you enjoy this post? If so, click here to subscribe to updates to Investment Postcards from Cape Town by e-mail. | Don Coxe’s Weekly WebcastPodcast – Dow Jones One minute - every hour - weekdays
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