Video-o-rama: Risk appetite fades on stimulus gloom

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Events this week were dominated by the announcement of US Treasury Secretary Geithner’s Financial Stability Plan and a deal reached in Senate on the Economic Stimulus Bill. However, the big bail-out bang soon whimpered as investors were disappointed about the lack of detail. While markets remained mired in uncertainty, a barrage of video clips on the ins and out of the various plans was produced, some of which are shared in this post. [...]

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Prospects for short-term South African interest rates

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For the first time in more than three and a half years, South Africans have begun to feel the relief from lower short-term interest rates. The South African Reserve Bank lowered the repo rate by 50 basis points during December 2008 and again by a full 100 basis points this month.

But [...]

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