The Achilles heel of the U.S. housing market is undoubtedly the large number of unsold stock overhanging the system. According to the chart below (courtesy of Whitney Tilson’s T2 Partners via Clusterstock – Business Insider),...
Read MoreThis post provides links to some interesting articles I have read over the past few days that you may also enjoy.• Scott Lanman and Caroline Salas (Bloomberg): Fed hinting on mortgage-bond sales brings Bernanke tightening, May...
Read MoreThe paragraphs below come courtesy of Mark Mobius, emerging markets guru and executive chairman of Templeton Asset Management.The value of the Chinese currency, the renminbi, has been a hot topic in recent weeks. China ties the...
Read MoreWe have a $700 billion to $1 trillion rescue package being thrown at countries “which are patently insolvent”, David Roche from Independent Strategy said in a CNBC interview. He added that EU leaders have not addressed how the...
Read MoreSource: Gary Varvel, Comics.com, May 7, 2010.Did you enjoy this post? If so, click here to subscribe to updates to Investment Postcards from Cape Town by e-mail.
Read MoreOn this week’s WealthTrack, Consuelo Mack conductsan exclusive television interview with Legg Mason’s legendary portfolio manager and Chief Investment Officer Bill Miller. How has the only money manager to beat the S&P 500...
Read MoreI have often referred to the removal of the monetary “juice” that will eventually cause a serious headwind for stock markets. Although I do not see the Fed funds rate in the U.S. rising any time soon, the poor U.S. money supply...
Read MorePresident of TradersAudio.com Ben Lichtenstein’s breathless order-taking in the S&P 500 pit in Chicago during Thursday’s unusual market decline has become an internet sensation. BNN checks in with him the day after. The...
Read MoreRep. Alan Grayson said to American taxpayers: “You own the Red Roof Inn, thanks to the Fed.” In this clip, he again argues for the great need of an audit of the Fed.Source: YouTube, May 7, 2010 (hat tip: The Market Oracle).Did...
Read MoreSource: Thisisindexed, May 5, 2010 (hat tip: The Big Picture).Did you enjoy this post? If so, click here to subscribe to updates to Investment Postcards from Cape Town by e-mail.
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