Goldman’s day in Congress – in pictures

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If you missed the 11-hour congressional flogging of Goldman on Tuesday, this post shares a tongue-in-cheek reenactment … […]






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FOMC policy statement – status quo, but cautiously bullish

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The FOMC left the federal funds rate band 0%-0.25% intact, no surprises here. Several modifications to the March statement were necessary in light of recent economic reports pointing to improving economic conditions, as higlighted in this post. […]






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Greece – GIIPS – Eurozone – Big Problem

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“Greece is now ‘high yield’, ‘junk’, ‘below investment grade’, at least according to S&P. Why did S&P feel the need to do this now? Just covering its *ss – Greek debt was rated A- as recently as December 2009,” said Rebecca Wilder in this guest post.. […]






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Rand and prime prospects

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By Cees Bruggemans, Chief Economist of FNB.

Many things are muddling the Rand outlook this year and next. Will the Rand still firm, or start a new weakening cycle, and can it differ per major currency?

The Rand should still firm nearer or even below 7:$, except that […]

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The path to Wall Street regulation

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Undoubtedly a path with many detours … […]






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Rosenberg – 12 reasons the stock market could tank

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By now we know David Rosenberg, Chief Economist and Strategist of Gluskin Sheff & Associates, missed out on the global stock market rally and remains firmly in the equity bear camp. With stock markets coming off the boil, maybe Rosie’s moment has arrived. It is therefore opportune to focus on his list of the dirty dozen of factors that could upset the stock market apple cart. […]






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