28 « November « 2010 « Investment Postcards from Cape Town

From a fundamental perspective, the S&P 500 Index is in expensive territory. The technicals don’t look too great either. Read on for the skinny … […]

Wealthtrack: David Rosenberg on where to invest

By Prieur du Plessis, on November 28th, 2010 posted in: Investment, Markets, Money

On this week’s WealthTrack, Consuelo Mack sits down with David Rosenberg, Chie Economist of economist Gluskin Sheff who called the credit and housing bubbles way ahead of the pack. He shares his views about the economy and markets, as well as advice on where to invest. […]

Taibbi blames Greenspan: “The biggest (blank) in the universe”

By Prieur du Plessis, on November 28th, 2010 posted in: Economy, US

Rolling Stone contributor Matt Taibbi has just published a new book, “Griftopia: Bubble Machines, Vampire Squids, and the Long Con That Is Breaking America”. According to Yahoo Finance – Tech Ticker, Taibbi lays the blame for the financial crisis largely at the feet of one man: Alan Greenspan. […]

2 people had their say - chime in!

Euro debt crisis in pictures

By Prieur du Plessis, on November 28th, 2010 posted in: Economy, Europe

This post features some great graphics from Spiegel Online, illustrating the extent of the EU’s rescue fund, money owned to German banks and the eurozone budget deficits. […]

“We’re bankrupt,” said Howard Davidowitz

By Prieur du Plessis, on November 28th, 2010 posted in: Economy, US

“Here are the numbers … we’re broke,” Howard Davidowitz declared in a recent interview, noting the U.S. government goes $5 billion deeper into debt every day and is facing $1 trillion-plus annual deficits for the next decade. “In other words, we’re bankrupt,” said the inimitable commentator. […]

Malpass on the Fed

By Prieur du Plessis, on November 28th, 2010 posted in: Economy, US

The Fed’s position is so leveraged that it puts Wall Street investment banks to shame according to economist David Malpass. […]