India – cutting growth estimates again

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“Over the past few months, India’s growth outlook has been affected by adverse macro developments. The two key factors that are making us nervous on the growth outlook are inflation persistently staying above policy-makers’ comfort zone and the weak investment growth trend,” said Chetan Ahya of Morgan Stanley in this guest contribution. […]






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Marc Faber talks markets

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Marc Faber, editor of “The Gloom Boom & Doom Report”, explains his bearish outlook of the markets. […]






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Cartoon: Spike Oil Company …

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The surging gas prices are a huge potential headwind for the economic recovery. […]






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Disappointing South African building confidence decline in 1Q11

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By Cees Bruggemans, Chief Economist of FNB.

The FNB/BER building confidence index retreated from 38 in 4Q2010 to 24 in 1Q2011. This is the same level than in 2Q2010, which was the lowest in the recession.

The index can vary between zero (indicating an extreme lack of confidence) […]

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