Asian markets won’t retest lows, says Chris Wood

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This post features a must-see video interview with Chris Wood, CLSA’s street smart strategist. A full transcript of the interview is also provided. [...]

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Bill Gross: Staying rich in the “new normal”

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“All investors should expect considerably lower rates of return than what they grew accustomed to only a few years ago. Staying rich in the ‘new normal’ may … require investors to resemble … Will Rogers, who opined in the early 30s that he wasn’t as much concerned about the return on his money as the return of his money,” said Bill Gross in his latest newsletter. Read on for the full text. [...]

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Wednesday Randoms
PIMCO’s Mohamed El-Erian on “A New Normal”
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What’s good for GM is good for US …

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Tom Toles at his best with yet another GM cartoon. [...]

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Making cents of the rand

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By Shaun le Roux

On Saturday at Loftus there were too many Bulls and not enough Chiefs. When they are in the mood the Bulls are unstoppable and I would have backed Fourie du Preez to hold the Chiefs at bay on his own with the flag-waving Loftus faithful behind him. In rugby we [...]

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