Video-o-rama: Will markets bail you out in ’09?

By Prieur du Plessis, on December 26th, 2008 posted in: Investment, Markets, Money

Only four more trading sessions remain before we close the door on 2008 – and none too soon, many investors would say. But moving from ’08 to ’09 will unfortunately not dim the lights on the nature of the investment debate. Come Thursday next week, investors will not only be hung over from 2008’s market rout (and possibly the previous night’s festivities), but also still be grappling with the ramifications of the credit crisis for the global economy and financial markets, and in particular with the question of where to invest during 2009.

And this seems to be the theme of the video clips that have attracted my attention during the past few days (between Yule-tide activities), making up this “Video-o-rama” compilation.

The selection includes items varying from Scott Pettersen lamenting “Where’s MY bailout?” (first one up) to the three versions of “Hallelujah” currently on the singles charts (at the end of compilation). But it is not all about song – the likes of Donald Coxe, Marc Faber, Mohamed El-Erian, Gary Schilling, Paul Krugman, Mark Mobius and Byron Wien give us substantial food for thought as we wave the old year goodbye.

YouTube: Where’s MY bailout?

Source: Scott Pettersen, YouTube, December 22, 2008.

BNN: Conversation with BMO’s strategist Don Coxe

Source: BNN, December 23, 2008.

CNBC: Dr Doom – find value in first half “disaster”

Click here for the article.

Source: CNBC, December 23, 2008.

CNBC: Pimco’s El-Erian – back to basics for investors in 2009

Click here for the article.

Source: CNBC, December 22, 2008.

Barron’s: Have we seen the worst of this bear market?
“Have we seen the worst of this bear market? Top strategists and chief investment officers comment on whether the market has hit bottom yet.”

Source: Barron’s, December 20, 2008.

Bloomberg: Mark Mobius sees “beginning of next bull phase” in 2009
“Mark Mobius, executive chairman of Templeton Asset Management, talks with Bloomberg’s Francine Lacqua about the outlook for emerging markets in 2009.”

Source: Bloomberg (via Blinkx.com), December 19, 2008.

Tech Ticker: Get ready to scrimp and save, says economist Shilling
“Hoping for a quick return to the consumer spending habits of past quarter-century, when ‘financial discipline’ meant remembering to withdraw enough home equity to get a new SUV every two years? Forget about it, says Gary Shilling.”

Source: Henry Blodget, Tech Ticker, December 19, 2008.

Big Think: Paul Krugman on the return of depression economics
First of a multi-part conversation with Paul Krugman, Nobel Prize winner, author, economist, and Princeton professor, who is probably best known for his op-ed columns in the New York Times.

Source: Big Think, December 17, 2008.

Bloomberg: Fischer says worst of “real” recession “yet to come”
“Bank of Israel Governor Stanley Fischer talks with Bloomberg in Tel Aviv about the recession in the US and the response of the Federal Reserve. Fischer, 65, former first deputy managing director of the International Monetary Fund, also talks about the outlook for the Israeli economy and the IMF’s role in resolving the global financial crisis.”

Source: Bloomberg (via YouTube), December 21, 2008.

Marketplace: Quantitative easing
“Now the Federal Reserve has effectively cut the target lending rate to zero, it only has one more weapon in its arsenal. Quantitative easing. Senior editor Paddy Hirsch explains what this ‘nuclear option’ is, and what the Fed hopes it’ll do.”

Source: Marketplace, December 2008.

CNBC: Byron Wien – falling oil prices
“Thoughts on energy prices, with Byron Wien, Pequot Capital chief investment strategist.”

Source: CNBC, December 23, 2008.

Reuters: “Hallelujah” tops Christmas chart
“The top two spots in the Christmas singles chart were taken by covers of Leonard Cohen’s 1984 song ‘Hallelujah’, with ‘X Factor’ talent show winner Alexandra Burke’s new version beating Jeff Buckley’s 1994 cover on Sunday.

“Burke won this year’s series of the pop talent show that is one of ITV’s biggest ratings successes, and she is the fourth successive ‘X Factor’ winner to take the Christmas singles title.

“Cohen’s original version of ‘Hallelujah’ entered the chart at number 36, while the success of Buckley’s version was partly due to a campaign on social networking website Facebook among music fans upset at what they saw as the manufactured nature of Burke’s career.

“Buckley drowned in 1997, and achieved only modest sales though significant critical acclaim during his lifetime.”

First up is Jeff Buckley.