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Marc Faber, editor of the Gloom, Boom and Doom Report, sits down with Ben McLannahan, Asia Lex Writer of the Financial Times, to discuss a variety of pertinent economic and investment topics. In short, he suggests investors should make 2010 the year of “capital preservation”. […]
By Cees Bruggemans, Chief Economist FNB. Growth in GDP (total goods and services produced in the economy, excluding inflation) speeded up in the 4Q2009, confirming the recovery gaining strength. In the first quarter of recovery (3Q2009) GDP growth (annualized) was still only 0.9% but in the 4Q2009 this accelerated to 3.2%, […]
As with other risky assets, the two-week rally in silver reversed course yesterday. As a matter of fact, the price ($15.67) declined to below its 200-day moving average ($16.00), having already breached the 50-day line in mid-January ($16.96). Looking at the broader precious metals complex, yesterday also witnessed a key day reversal of palladium. Not a good sign, at least not for the near term. […]
This post provides links to a number of interesting articles I have read over the past few days that you may also enjoy. • Martin Wolf (Financial Times): The world economy has no easy way out of the mire, February 23, 2010. Finding an exit route from the extraordinary government […]
“Toyota is is big. I wouldn’t be surprised if the IMF downgraded its forecast of Japan based solely on Toyota’s misstep,” said Rebecca Wilder in this interesting guest post. […]
The one-year anniversary of the stimulus plan has arrived, but not much reason for celebration … […] | ||||||||||||||||||||||||||||||||||||||||||||||
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