01 « August « 2010 « Investment Postcards from Cape Town

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This post features Bill Gross’s latest newsletter, together with a short video interview. […]

US GDP growth on year-ago basis highest since 2005

By Prieur du Plessis, on August 1st, 2010 posted in: Economy, US

On a year-ago basis the US economy grew at it fastest pace in the second quarter this year since the first quarter of 2005. Year-on-year growth accelerated from an adjusted 2.39% in the first quarter to 3.17%. This was in line with the 3% to 3.5% implicated by the GDP-weighted PMI as I indicated a week or two ago. Read on … […]

Zandi vs Taylor: Did stimulus funding help or hurt the U.S. economy?

By Prieur du Plessis, on August 1st, 2010 posted in: Economy, Investment

A new study by economists Mark Zandi and Alan Blinder showed the U.S. government’s nearly $800 billion economic stimulus and the Wall Street bailout likely steered the American economy away from another depression. In this post, Jeffrey Brown moderates a debate between Zandi and Stanford University economist John Taylor. […]

Eurozone business and consumer confidence on the up

By Prieur du Plessis, on August 1st, 2010 posted in: Economy, Europe

Flash data released by the European Commission for July are surprising on the upside. Confidence in the euro zone’s problem areas is also holding up. […]

Japan’s economy slows

By Prieur du Plessis, on August 1st, 2010 posted in: Economy, Japan

While the Nomura/JMMA Purchasing Managers Index for July continues to signal expansion in Japan’s manufacturing sector, the Index fell for the second consecutive month to 52.8%. According to Markit, the rate of expansion in manufacturing production was the slowest in more than a year. […]

The week ahead

By Prieur du Plessis, on August 1st, 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. […]