Stop Press: “Investment Postcards Daily” (Dec 13, 2011) is out!

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As part of my daily routine, I publish all my reading (including snippets from other well-known commentators) in an Internet newspaper, “Investment Postcards Daily”. Click through to read the latest edition and register for a free subscription. […]






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Biggs plans to remain “60–70% net long”

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Barton Biggs, managing partner and co-founder of Traxis Partners, talks about Europe’s debt crisis and the outlook for stocks. […]






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Russia: The acceleration in capital outflows

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It is surprising in some ways that Russia is a capital exporter to EM, since Russia offers high rates of return, and a prospect of higher future rates of growth than DM economies. The higher yield suggest that there ought to be a flow of resources from capital-rich, low-growth DM to capital-poor, high-growth EM, such as Russia. In Russia’s case we see two underlying explanations for the paradox of capital flowing out of a high yield market and to a lower yield market … […]






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Laugh out Loud: Naughty eurozone countries …

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A cartoon from The Telegraph’s Matt. […]






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