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Has the global financial markets overreacted on the somewhat better economic statistics? I think so. It seems to me that it could turn out to be just another “relief” rally. Read on … [...] More on this topic (What's this?) The Most Alarming Chart I’ve Seen All Week (Wall Street Daily, 1/20/12) Baltic Dry Index Slumps To Lowest Since January 2009 (GreenLightAdvisor Views, 1/17/12) Baltic Dry Index falls off a cliff (Merrill over Matter, 1/19/12)
This post features an interview with Mohamed El-Erian, CEO of Pimco, and Dick Berner, chief US economist at Morgan Stanley, debating whether we’re experiencing an economic soft patch or double dip. [...]
In this post, Mark Mobius, executive chairman of Templeton Asset Management, shares some thoughts on emerging markets. [...] More on this topic (What's this?) Emerging Markets Forecast 2012: Forget the BRICs! Here Are the Best Emerging Markets of 2012 (Money Morning, 1/13/12) Investing in Emerging Markets Infrastructure (Investment U, 1/19/12) The Best Emerging Markets for 2012 – Part 2 (Wall Street Daily, 12/26/11)
“I think that there are people who have extreme views, either extremely bullish or extremely bearish. I think we are maybe in a kind of a trading range whereby first we go down somewhat into October–November and then rally again towards the end of the year,” said Marc Faber in a CNBC interview. [...] More on this topic (What's this?) Marc Faber: Money Printing Dictates Market Movements (GreenLightAdvisor Views, 12/18/11) [Video] Marc Faber Visits Bloomberg (Fund my Mutual Fund, 12/8/11) Marc Faber bullish on U.S. dollar (Wall Street Sector Selector, 10/12/11)
This post provides a round-up of the non-manufacturing PMIs around the world, conveying a somewhat negative picture. [...] | ||||||||||||||||||||||||||||||||||||||||
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