04 « October « 2011 « Investment Postcards from Cape Town

I have recently been interviewed by the South African media on a number of issues regarding the global economy and markets. An edited version, in Q & A format, is provided in this post. […]

Can China move beyond the middle?

By Prieur du Plessis, on October 4th, 2011 posted in: China, Economy

Stefan Wagstyl, FT emerging markets editor, and James Kynge, editor of China Confidential discuss the highlights of a special FT debate looking at the choices that lie ahead for the world’s second largest economy. […]

Bill Gross: Economy’s six-pac has become a one-pac

By Prieur du Plessis, on October 4th, 2011 posted in: Economy, Investment

Bill Gross, co-founder and co-CIO of PIMCO, is to my mind one of the shrewdest money men around. His monthly Investment Outlook newsletter therefore always makes for thought-provoking reading. The latest edition is no exception. A few excerpts are included in this post. […]

Technical Talk: Daily market update (October 3, 2011)

By Prieur du Plessis, on October 4th, 2011 posted in: Investment, Markets, Money

Adam Hewison, charting strategist of INO.TV, brings you another edition of his invaluable service of daily technical updates on the ups and downs of various markets. This short analysis is a great tool for keeping one’s finger on the pulse and timing the markets. I have personally been using the INO/Market Club software for about two years and can vouch for these tools being extremely useful. Click through to hear Adam’s latest views on gold , silver, the US Dollar Index, the CRB Index, crude oil and the S&P 500 Index. […]

Reserve currency: Greenback’s share declines, but still largest player

By Prieur du Plessis, on October 4th, 2011 posted in: Currencies, Dollar

It is not a surprise the dollar continues to be the preferred official foreign exchange reserve currency, but the share shows a gradual decline in the past ten years. According to Asha Bangalore, vice president and economist of The Northern Trust Company, the IMF’s Currency Composition of Official Foreign Exchange Reserves for the first and second quarter of 2011 places the greenback’s share at 60.6% of official foreign exchange reserves, down from a high of 71.5% in 2001. […]

Jeffrey Gundlach: “We’re in a recession now”

By Prieur du Plessis, on October 4th, 2011 posted in: Economy, Europe

The U.S. is already in a recession, according to bond manager Jeffrey Gundlach, of Los Angeles-based DoubleLine Capital, who predicted “there’s going to be a big loss in Europe”. […]