This post is a guest contribution by Paul Kasriel* of The Northern Trust Company. This was the subtitle to the WSJ’s April 3 lead editorial, “The 2010 Recovery”. The WSJ editorial board wrote: “As we look beyond this year, the...
Read MoreSource: Wayne Stayskal, April 6, 2010. Did you enjoy this post? If so, click here to subscribe to updates to Investment Postcards from Cape Town by e-mail.
Read MoreBespoke yesterday highlighted that it has now been 42 days since the S&P 500 Index has had a pullback (one-day or multi-day) of 1% or more. As seen from the table below, since 1990 there have been 10 other periods where the...
Read MoreThe Q1 earnings reporting season is upon us and expectations, based on the stock market’s recent behavior, are lofty. While gallivanting through South America, let’s turn to David Rosenberg, chief economist and strategist of...
Read MoreJames Surowiecki, business columnist of The New Yorker, speaks with Michael Mauboussin, the chief investment strategist of Legg Mason Capital Management and the author of Think Twice: Harnessing the Power of Counterintuition,...
Read MoreReports over the past few days have added to the belief that the economic recovery was gaining strength across the globe. Interestingly, the latest Survey of Business Confidence of the World by Moody’s Economy.com concluded that...
Read MoreThis post is a guest contribution by Rebecca Wilder*, author of the of the News N Economics blog. In case you haven’t noticed, I have become slightly less “optimistic” about the prospects of a sustainable U.S. recovery. I used...
Read MoreSource: Michael Ramirez, April 6, 2010. Did you enjoy this post? If so, click here to subscribe to updates to Investment Postcards from Cape Town by e-mail.
Read More“Any way you look at it, the treacherous stock market has reached its goal – it’s turned the crowd bullish,” said long-timer Richard Russell (Dow Theory Letters). “Nearly everybody I read or talk to is convinced that we’re in a...
Read More“We should expect below par economic performance and growth,” said Carmen Reinhart from University of Maryland, co-author with Kenneth Rogoff of This Time is Different: Eight Centuries of Financial Folly. “In the near term, the...
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