The sovereign risk of Greece as measured by the yield spread between the yield on 10-year government bonds between Greece and Germany sky-rocketed from 200 basis points to the current 584 basis points as the debt crisis in...
Read MoreThe amazing diagram below comes courtesy of The New York Times and shows the many billions of euros banks and governments in the shaky PIIGS economies owe each other, as well as their even larger debts to Britain, France and...
Read MoreIn this post, Aline van Duyn, US Markets Editor of the Financial Times, sits down with Carmen Reinhart, professor of economics at the University of Maryland and co-author of “This Time is Different”, to discuss financial crises...
Read MoreOne after the other market indices and economic indicators are back at pre-Lehman levels. However, not all these represent good news, notably a component of the ISM Manufacturing Index dealing with the prices of...
Read MoreIn this post, Berkshire Hathaway CEO Warren Buffett comments on the nation’s attitude towards Wall Street, his annual shareholders’ meeting and his investment in Goldman Sachs.Source: The Wall Street Journal, May 1, 2010 (hat...
Read MoreSource: Jim Morin, Slate.com, April 29, 2010.Did you enjoy this post? If so, click here to subscribe to updates to Investment Postcards from Cape Town by e-mail.
Read MoreIn another move by the Chinese authorities to rein in its booming economy, China’s central bank yesterday announced the third increase this year in the amount banks must hold as reserves. These measures have been weighing...
Read MoreAs President Obama makes the case for strong financial reform, Bill Moyers discusses these issues with veteran regulator William K. Black, who says Wall Street is breaking current rules. Click here or on the image below to view...
Read MoreAs mentioned on a number of previous occasions, I have always been a keen follower of gold stocks – ever since I started my investment career as a mining analyst more than 25 year ago. I posted a short article two weeks ago,...
Read MoreCharlie Rose sits down with Lloyd Blankfein, CEO and Chairman of Goldman Sachs, to discuss the firm’s testimony before lawmakers regarding the SEC’s fraud allegations. Click here or on the image below to view the video. Source:...
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