Japanese Nikkei 225 nosedives

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The post highlights that the Japanese Nikkei 225 is on a knife’s edge right on its key 200-day moving average, having already breached its 50-day average a few weeks ago. Top analyst Robin Griffiths adds further perspective through a video interview. […]






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Recession is over, but has the recovery begun?

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On the topic of the magnitude of the economic recovery, David Rosenberg, Chief Economist and Strategist of Gluskin Sheff & Associates, provided the following interesting snippet:

“The recession in the US may be over, but what sort of recovery lies ahead remains in question. All we can say is that when looking […]

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Prieur’s readings (November 27, 2009)

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This post provides links to a number of interesting articles I have read over the past few days that you may also enjoy. Please also add the links to any other worthwhile articles you would like to share to the comments section. […]






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While pundits play “gotcha”, the unemployment situation improves

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“How much of the improving labor market conditions can be directly attributed to the current stimulus program is impossible to say. For the current administration to make any claims along these lines opens it up to legitimate criticism. But what is possible to say is that about three months after the stimulus program was initiated, the overall economy began to emerge from the deepest and longest recession in the post-war era and now, about nine months after the initiation of the stimulus program, the labor market is showing incontrovertible signs of improving,” said Paul Kasriel in this guest contribution. […]






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Turkey Day

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A brilliant cartoon, adding some Thanksgiving perspective to credit crisis events … […]






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