Archive | February, 2010
Prieur’s readings (February 27, 2009)
This post provides links to a number of interesting articles I have read over the past few days that you may also enjoy. • Randall Forsyth (Barron’s): After lost decade, it’s still tough to find returns, February 26, 2010. Low yields, rich valuations point to continued paltry returns from stocks and bonds. • Lara Crigger [...]
Continue reading...The week ahead
28 February 2010 – 5:00 pm PST
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The video clips below provide a handy summary of the reports expected on the economic, financial and corporate front around the globe during the week ahead. US: Jobs report on Friday Manufacturing data, consumer-spending numbers and auto sales will be on tap next week. The big number comes at the end of the week with [...]
Continue reading...US deficit – it is not going to end well
28 February 2010 – 5:00 pm PST
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Source: Chris Britt, Comics.com, February 25, 2010. Did you enjoy this post? If so, click here to subscribe to updates to Investment Postcards from Cape Town by e-mail.
Continue reading...Montier: Was it all just a bad dream? Or, ten lessons not learnt
28 February 2010 – 5:00 pm PST
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James Montier, a member of GMO’s Asset Allocation Team, examines whether we learned anything from the market declines of 2008 and early 2009. In this paper – his first since joining GMO from Société Générale – he outlines ten of the lessons he believes not to have been learned. Here is the opening paragraph: “It [...]
Continue reading...Barry Ritholtz sticks with stocks, especially emerging markets
28 February 2010 – 5:00 pm PST
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“As long as the Fed is going to make money free … it’s hard to find a short,” said blogger and FusionIQ CEO Barry Ritholtz. According to Yahoo Finance – Tech Ticker, he is not as bullish as he was last March when he called the market bottom, but Ritholtz is sticking with stocks. “The [...]
Continue reading...Technical talk: Expect more volatility for equities
28 February 2010 – 5:00 pm PST
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The comments below were provided by Kevin Lane of Fusion IQ. As seen from the chart below, the S&P 500 Index hit minor resistance a few trading sessions back near the 1,112 level (red line and red arrow). Until this level is taken out the near-term directional bias remains neutral. Lower down, the key level [...]
Continue reading...Prieur’s readings (February 26, 2009)
28 February 2010 – 5:00 pm PST
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This post provides links to a number of interesting articles I have read over the past few days that you may also enjoy. • Stephen Fidler (The Wall Street Journal): The Euro’s final battleground: Spain, February 25, 2010. Greece set off the crisis rattling the euro zone. Spain could determine whether the 16-nation currency stands [...]
Continue reading...Face-to-face with Peter Orszag
28 February 2010 – 5:00 pm PST
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Charlie Rose sits down with Peter Orszag, White House Director of the Office of Management and Budget. A link to the transcript of the interview follows at the end of the post Click here or on the image below to view the video. Click here for a transcript of the interview. Source: Charlie Rose, February [...]
Continue reading...Fed Rate Hikes a Distant Prospect
28 February 2010 – 4:39 pm PST
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Last week, the Fed raised the discount rate by 25 basis points, to .75%. Investors have consistently focused the brunt of their collective monetary attention on the Federal Funds Rate, and the markets (forex included) barely registered a response to the move. Regardless of whether apathy in this particular context was justified, investors who turn [...]
Continue reading...The R in BRIC Stands for….Romania?
28 February 2010 – 4:39 pm PST
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By now, most investors are well aware of the acronym BRIC, which stands for the emerging market powerhouses of Brazil / Russia / India / China. When the idea was conceived in 2003, it seemed to make a lot of sense, as these four economies were at the top of the GDP ‘league tables,’ year-after-year. [...]
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28 February 2010 – 5:00 pm PST
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