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“I hate to say this, as unpopular as it may seem, WELCOME TO THE DEPRESSION,” said guest contributor Bennet Sedacca. The post explains his reasoning. [...] More on this topic (What's this?) East Coast Asset Management's Q4 Letter: Embracing Uncertainty (market folly, 1/26/12) Deutsche Bank Executives Decides to Choose Asset Management Sale (ValueWalk.com, 1/12/12) East Coast Asset Management on the Fear of Bubbles: Q3 Letter (market folly, 11/9/11)
Anybody wishing to fork out more than $1 million on the internet domain aggregatorbank.com? [...] More on this topic (What's this?) Lack of Prosecution of Bank Fraud: Conflict of Interest? (Money Morning, 2/2/12) Washington vs. the Web: How Congress Plans to Rule the Internet (Wall Street Daily, 1/16/12) What is the Best Bank in America? (Money Morning, 11/6/11)
After a protracted bull market (lasting many years) in South African bonds, the bear once again made an appearance early in 2006. However, this asset class did a spectacular about-turn in July 2008. Money-market funds were the only place to hide after the equity market took a turn for the worse in mid-2007 [...] More on this topic (What's this?) NEWSFLASH: Mitt Romney Has Rich "Friends" (Money Morning, 2/2/12) An Important Sell Signal (Comments for thetechnicaltake, 1/29/12) A Misconception about the Value of Bonds (Michael James on Money, 1/18/12)
Fears about the intensity of the global recession and renewed skepticism regarding the beleaguered financial sector fueled a flight to safety during the past week. As investors piled into the perceived safety of gold, the US dollar and the Japanese yen, global stock markets recorded a third straight week of losses. Read all about this and the implications for financial markets in my weekly review. [...]
Four-day weeks are notoriously volatile, and the past few days were no exception. But despite a daily dosage of grim economic news and a deterioration in the investment outlook, the headlines were captured by the inauguration of President Barack Obama. A few of the more interesting video clips that attracted my attention during this memorable week are shared in this post. [...] | ||||||||||||||||||||||||||||||||||||||||
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