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The financial panic that began in early September has been a body blow to global business confidence and the global economy which, according to the Survey of Business Confidence of the World, is now in recession. This post looks at a number of topical charts in order to cast some light on the economic outlook. [...] More on this topic (What's this?) The 5 Steps to Trading Facebook (Wealth Daily, 5/15/12) iPhone 5 To Be Released With A Brand New Design? [Concept Images] (Value Investing, 5/14/12) From Obamacare to Taxes: 5 Hot Topics Politicians Love to Lie About (Money Morning, 3/28/12)
This post deals with the second part of Jeremy Grantham’s quarterly newsletter, entitled “Silver Linings and Lessons Learned”. His discussion of “How Low is Low” is of particular interest. [...] More on this topic (What's this?) What’s Happening to Gold and Silver Prices? (Learn Mining News, 5/14/12) How to Buy Silver Below Its Spot Price (Investment U, 2/21/12) Why Human Nature Itself Makes Silver a Wonderful Investment (Learn Mining News, 5/5/12)
The past week witnessed mounting evidence that the world economy was facing a sharp downturn, causing unrest to engulf financial markets. Stocks and emerging market currencies and bonds remained under heavy selling pressure as risk-averse investors rushed to liquidate positions, with the US dollar, Japanese yen and developed market bonds providing perceived safe havens. Read all about this in my weekly review, highlighting some thought-provoking news items and quotes from market commentators during the past week. [...]
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Young Chuck moved to Texas and bought a Donkey from a farmer for $100. The farmer agreed to deliver the Donkey the next day. The next day the farmer drove up and said, “Sorry son, but I have some bad news, the donkey died.” Chuck replied, “Well, then just give me my money [...] More on this topic (What's this?) Is a Bailout on the Way for Spain’s Bankia SA? (Wall Street Daily, 5/8/12) In Today’s Market, Can You Afford to Be Misled By Fantasy Financial Reporting? (the Underground Investor, 3/12/12) Greece Secures Bailout, Gold Prices Respond (Learn Mining News, 2/23/12)
Hat tip: Barry Ritholtz, The Big Picture, October 24, 2008.
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