Greece has officially asked for the EU, IMF rescue package to be activated. The Greek debt bailout is similar to the subprime crisis in the US and likely will send global investors looking for safety, Pimco’s Mohamed El-Erian...
Read MoreThe comments below were provided by Kevin Lane of Fusion IQ. As seen in the chart below the S&P 500 hit the lower end of an up channel yesterday [Thursday] (lower green line and arrow) and subsequently rallied well off the...
Read MoreI posted excerpts from Don Coxe’s latest “Basic Points” report (subtitled “A slow boat to China”) a few days ago. He has also updated his popular webcast on Friday, April 23 – good news for his followers. You can access the...
Read MoreSource: Gary Varvel, Comics.com, April 20, 2010. Did you enjoy this post? If so, click here to subscribe to updates to Investment Postcards from Cape Town by e-mail.
Read MoreI have often in the past referred to the CBOE Volatility (VIX) Index, also known as Wall Street’s “fear index”. This is a measure of the implied volatility of S&P 500 index options – a high value corresponds to a more...
Read MoreCurrent economic policies are not sustainable and the world faces doom because “the governments are taking over”, said Marc Faber, editor of The Gloom, Boom & Doom Report. “They will all bankrupt us and expropriate us, but...
Read MoreThis post provides links to a number of interesting articles I have read over the past few days that you may also enjoy. • Editorial (The New York Times): After Goldman, April 21, 2010. After the government sued Goldman Sachs...
Read MoreThe U.S. Treasury unveiled the new $100 bill on Tuesday, with added security features to make it harder to counterfeit. I am awaiting the day when the printing presses start spewing out larger denominations. It is anybody’s...
Read MoreThis post is a guest contribution by Dian Chu, market analyst, trader and author of the Economic Forecasts and Opinions blog. Olivier Blanchard, chief economist at the International Monetary Fund (IMF), talks with Bloomberg this...
Read MoreSource: Chuck Asay, Comics.com, April 21, 2010. 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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