23 « February « 2010 « Investment Postcards from Cape Town

The February edition of Donald Coxe’s Basic Points research report (subtitled “Hard Rocks and Hard Shocks”) has just been published. His investment recommendations are summarized in this post, but a link to the full report is also provided. […]

Q4 earnings in perspective

By Prieur du Plessis, on February 23rd, 2010 posted in: Investment, Stocks

With most of the S&P 500 companies having reported financial results for Q4 2009, the chart below, courtesy of The Chart Store (via The Big Picture), shows how S&P 500 earnings declined by 92% from their Q3 2007 peak to the low of Q1 last year, and then subsequently rebounded by more than […]

Is the credit malaise really over?

By Prieur du Plessis, on February 23rd, 2010 posted in: Economy, Investment

Interestingly, the Fed raised the discount rate last week as bank credit for the week contracted by a further $9 billion, bringing the year-to-date decline to $115 billion. It is difficult to see a significant economic recovery without the banks coming to the party. And this begs the question: Is this what the policymakers had in mind when bailing out the banks? […]

Stiglitz on Wall Street’s animal spirit

By Prieur du Plessis, on February 23rd, 2010 posted in: Economy, Investment

Nobel Prize-winning economist Joseph Stiglitz discusses with Paul Maidment where capitalism went wrong and what its future iterations might be like. […]

Prieur’s readings (February 23, 2009)

By Prieur du Plessis, on February 23rd, 2010 posted in: Investment, Markets, Money

This post provides links to a number of interesting articles I have read over the past few days that you may also enjoy. […]

Robin Griffiths: Stocks likely to double dip after May

By Prieur du Plessis, on February 23rd, 2010 posted in: Investment, Stocks

Stocks could continue to push higher until May, but after that there is a serious risk of a double dip, Robin Griffiths, star technical strategist from Cazenove Capital, told CNBC. […]