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Bill Gross, co-founder and co-CIO of PIMCO, is to my mind one of the shrewdest money men around. His monthly newsletter, this month entitled “Alphabet Soup”, therefore always makes for thought-provoking reading. Click through for the report and a video interview. [...] More on this topic (What's this?) Bonds: The Most Important Asset Class (Expected Returns, 4/18/12) Emerging Market Bonds: Less Risk Than You Think (Investment U, 5/11/12) How to Play Low Natural Gas Prices With Bonds (Investment U, 4/17/12)
In this interview, Nobel laureate and Columbia economist Joseph Stiglitz discusses why fiscal conservatism threatens the world economy. [...]
In this post, Mark Mobius argues that China’s new renminbi policy does not dramatically change his overall outlook on Chinese stocks. [...] More on this topic (What's this?) London’s Bid to Become the Yuan Trading Capital of the World (Wall Street Daily, 4/19/12) China Widens Yuan Band (Jutia Group, 4/16/12) How the Yen-Yuan Agreement Benefits the United States (Investment U, 1/12/12)
“From all indications, it seems the U.S. most likely will only start slashing spending and implementing necessary measures − with some degrees of urgency − when coming under pressure from bond markets, similar to Greece and Spain. Fortunately, and unfortunately, one luxury of being such a big spender is that the U.S. practically holds its debtors hostage. Nevertheless, the day of reckoning could be coming, probably as soon as the euro zone comes out of this crisis … one way or another,” said Dian Chu in this guest post. [...] More on this topic (What's this?) Roubini Predicts a Dollar Reversal (Wealth Daily, 10/26/09) Roubini Expects Correction in Stocks, Commodities (Expected Returns, 10/4/09) Roubini, Soros and Prechter...Oh My (Wealth Daily, 10/5/09)
By Cees Bruggemans, Chief Economist of FNB. After gaining 22% on real trade-weighted this past year, from undervalued to overvalued, the Rand is not going to stand still during 2010-2013. But what will it be, feast or famine, and in what order? It doesn’t help the [...] More on this topic (What's this?) The Fate of the Eurozone Hangs on Sunday's French Elections (Money Morning, 5/4/12) Eurozone Descends into a Farce as "Grexit" Looms Large (Money Morning, 5/18/12) European Fiscal Compact In Crisis As Irish Vote Looms (Value Investing, 5/7/12) | ||||||||||||||||||||||||||||||||||||||||
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