Renminbi – guaranteed undervalued!

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It is obvious that the Chinese will not be taking instructions from anybody regarding the revaluation of the renminbi, but will do so when it suits them. [...]

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Prieur’s readings (March 22, 2010)

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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. [...]

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Monkey rules

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“The banana kingdom was in deep trouble. After the failure and rescue of Banana Bank, the government poured lots of funds into the bank and enjoyed a temporary revival. But the economy fell back into recession and unemployment grew,” said Andrew Sheng in this humorous post. [...]

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We need some more money …

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I have never thought it particularly clever for the US to spit in the face of its largest creditor. [...]

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Words from the (investment) wise for the week that was (March 15–21, 2010)

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The major stock market indices added to their gains this week – obtaining comfort from the Fed’s policy statement that the “juice” was not about to be removed anytime soon – and hit 18-month highs before closing down on Friday as “quadruple witching day” in the US weighed on sentiment. A day earlier on Thursday, the S&P 500 tracking ETF (SPY) broke a 14-day winning streak – its longest since the launch of the ETF in 1993. [...]

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Picture du Jour: Keep an eye on small caps

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Considering the last few days, it would seem if small caps have been tiring, resulting in the Russell 2000 Index being the only major US stock market index registering a loss for the past week. Read on … [...]

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