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Nassim Taleb, professor at New York University and author of “The Black Swan: The Impact of the Highly Improbable”, talks with Bloomberg’s Erik Schatzker about the May 6 stock market selloff and his investment strategy. Taleb also discusses the drivers for the financial crisis, the U.S. economy and the performance of Treasury Secretary Timothy Geithner and Federal Reserve Chairman Ben Bernanke. [...] More on this topic (What's this?) William Cohan on Psychopaths and the Financial Crisis (GreenLightAdvisor Views, 1/5/12) 42% of Workers Living Paycheck to Paycheck (Wealth Daily, 10/5/11) 61% of Workers Living Paycheck to Paycheck (Wealth Daily, 10/5/11)
A new Wall Street Journal survey of economists shows the crisis in Europe is delaying expectations for interest-rate hikes in the U.S. Click through … [...]
By Cees Bruggemans, Chief Economist FNB. There is much clamouring for a weaker Rand. Indeed, why stop at fair value (reckoned at 8.50:$) if you can get 9:$ or 10.50:$? Why not go straight to 15:$ and feel really rich (for a while, at least, until you want [...]
“Longer term, none of the measures announced over the weekend tackle the fundamental issues of uncompetitive economies across the southern part of the Euro-zone,” said Victoria Marklew in this guest post. [...] More on this topic (What's this?) Prepare for Europe – "It's Going to Be Ugly" (Money Morning, 1/16/12) Take Heed! How the European Crisis Could Hurt U.S. Stocks (Wall Street Daily, 1/19/12) Why Silver Prices Are Dropping So Fast (Learn Mining News, 12/14/11)
Yes, it is gold bullion, which yesterday made a new high for the current bull market when it surpassed the December 3 interday high of $1,226. Although the yellow metal is both a commodity and currency, it has lately become the world’s currency of choice, i.e. a vote of no confidence in fiat paper. [...] More on this topic (What's this?) Why the Gold Slump is Not Over (Investment U, 1/9/12) Gold Prices 2012 Forecast: How to Make Double the Gold Profits in the New Year (Money Morning, 12/30/11) Gold & Silver Banker-Cartel Prolonged Price Suppression Has Set the Foundation for an Explosive M... (the Underground Investor, 1/17/12) | ||||||||||||||||||||||||||||||||||||||||
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