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Global economic activity accelerated in September despite the contraction in economic activity in the Eurozone. However, the global services sector saved the day as global manufacturing stagnated. Click through for the Global PMI Scorecard … [...] More on this topic (What's this?) The Fate of the Eurozone Hangs on Sunday's French Elections (Money Morning, 5/4/12) Eurozone Descends into a Farce as "Grexit" Looms Large (Money Morning, 5/18/12) European Fiscal Compact In Crisis As Irish Vote Looms (Value Investing, 5/7/12)
In this interview, John Mauldin, president of Millennium Wave Investments and author of “Endgame: The End of the Debt Supercycle and How It Changes Everything”, shares a message for all investors: “hope is not a strategy”. He argues that with economies globally in disarray, the old rules of investing no longer apply. It’s time, he says, to engage with absolute return. [...] More on this topic (What's this?) Two Long-Term Investing Strategies That Work (and one that doesn’t) (Investment U, 4/25/12) Measuring the Performance of the Ivy Portfolio (Phil’s Stock World, 12/1/12) Preferred Stock Investing: The Income Alternative You Haven’t Considered (Investment U, 5/11/12)
The past week in monetary policy saw 12 central banks reviewing monetary policy settings, with 6 adjusting interest rates. Click through for a comprehensive review. [...]
Mohamed El-Erian, chief executive officer and co-chief investment officer at Pimco, talks about the U.S. economy and September jobs report, and the European sovereign-debt crisis. U.S. payrolls rose by 103,000 after a 57,000 gain in August, the Labor Department said on Friday. [...]
“No one knows what tomorrow will bring, but varied indicators are signaling now is the time to be contrarian and take advantage of the opportunity the recent selloff has given long-term investors,” argues Frank Holmes in this guest contribution. [...]
Michael Lewis, author of the new book author of the new book “Boomerang: Travels in the New Third World”, says the United States and many European nations suffered a moral failure that led to economic collapse. Lewis insists that the U.S. economic situation will get much worse before it gets better. [...] More on this topic (What's this?) Eurozone Descends into a Farce as "Grexit" Looms Large (Money Morning, 5/18/12) European Fiscal Compact In Crisis As Irish Vote Looms (Value Investing, 5/7/12) E-Waste in India grows by more than 500% in 7 years (Green World Investor, 5/10/12) | ||||||||||||||||||||||||||||||||||||||||||||||
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