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Growth in the global manufacturing industry continued to slow in June. My GDP-weighted manufacturing PMI for the major economies dropped for the fourth consecutive month to 52.8 from 53.1 in May. Out of 19 countries only three experienced faster growth, while the manufacturing sectors in six countries are now contracting. Read on … [...] More on this topic (What's this?) How Manufacturing Firms Are Fighting the Recession (Learn Mining News, 5/26/11) How One State’s Light Bulb Legislation Could Impact All U.S. Manufacturing (Money Morning, 5/20/11) The Future of Manufacturing (Wealth Daily, 9/16/11)
This week on Wealthtrack, Consuelo Mack talks to a Michael Mauboussin, Chief Investment Strategist of Legg Mason Capital Management. He refers to three main skills that successful investors need: analytical, awareness of behavioral inputs to the market, and contrarionism. [...] More on this topic (What's this?) Why Most of the Investment Advice You’ve Heard is Wrong (Investment U, 1/20/12) Michael Mauboussin Interview: Challenging Investors' Behaviors (Disciplined Approach to Investing, 6/26/11) Why This Market Truism Just Isn’t True (Investment U, 12/5/11)
Deutsche Bank (via Business Insider) has just published its measure of “surprises” (data beats vs. expectations). The graph is back on the rise, after analysts and investors got uber-pessimistic a few weeks ago. The stock market cottoned onto the better economic picture with little hesitation. [...] More on this topic (What's this?) Justice Department Sues Deutsche Bank AG (NYSE: DB) for 'Reckless Lending' (Money Morning, 5/5/11) Why Stocks are Turning Up Again (GreenLightAdvisor Views, 7/4/11) Chart of the Day: Why stocks are turning up again (Wall Street Sector Selector, 7/3/11)
“A collapse of the EMU – perhaps as a consequence of Germany’s refusal to bail out an increasing number of members of the euro zone – would inflict huge costs. When the financial markets become convinced that the EMU will break down, we are likely to see a prolonged period of financial turbulence and an accelerated capital flight from the weaker member countries. A threatening scenario, indeed. But the longer it takes for Greece and some other countries in crisis to be granted an orderly debt restructuring and an exit from the EMU, the higher the bill to be paid,” said Swedish economist Stefan de Vylder in this guest contribution. [...] More on this topic (What's this?) How Greek Default Could Double-Dip U.S. Economic Recession (Learn Mining News, 7/4/11) 3 Reasons Greece Never Should Have Joined the EU (Learn Mining News, 7/2/11) Special Report: What is the Greek Debt Crisis, and What Does it Mean for Investors? (Money Morning, 7/7/11)
In this edition of “On the Edge”, Max Keiser interviews Gerald Celente from TrendsResearch.com. They disciss, among others, how the IMF does business. [...]
This post provides a fascinating graphic on some of the most striking commodity rises over the last decade, and the ones that crashed in 2011. [...] | ||||||||||||||||||||||||||||||||||||||||||||||
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