May « 2010 « Investment Postcards from Cape Town

Global equity markets have been hemorrhaging from the debt crisis in the European Union that began in Greece and subsequently spread to Portugal and Spain’s equity markets, losing more than 15% in terms of US dollars since the recent high in mid-April. What is the outlook for stocks, especially in the light of the econimic growth scenario? […]

Rosenberg: More downside for stocks; gold may rise to $3,000

By Prieur du Plessis, on May 30th, 2010 posted in: Investment, Markets, Money

David Rosenberg, chief economist of Gluskin Sheff & Associates talks with Bloomberg about the outlook for U.S. stocks and gold prices. […]

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Hugh Hendry: “I would recommend you panic”

By Prieur du Plessis, on May 30th, 2010 posted in: DEbt, Europe, Investment

“I would recommend you panic. The European banking system is in a crisis. Let’s purge this system of its rottenness. Let’s take on a recession. It’s going to be tough, people are gonna lose their jobs. They are going to lose their jobs anyway. We can spread this over 20 years, or we can get rid of it over 3 years,” said Hugh Hendry in this lively discussion. […]

The week ahead

By Prieur du Plessis, on May 30th, 2010 posted in: Investment, Markets, Money

The video clips in this post provide a handy summary of the reports expected on the economic, financial and corporate front around the globe during the week ahead. […]

Update on stress indicators – VIX and Libor improving

By Prieur du Plessis, on May 30th, 2010 posted in: Economy, Investment

In this guest post, Asha Bangalore provides an update on a number of stress indicators in the light of Greece, Portugal and Spain crisis/EU crisis. […]

Jobs and Gates talking loans …

By Prieur du Plessis, on May 30th, 2010 posted in: Humor