The charts below, courtesy of Bespoke, show that the preferred stock and high-yield bond markets have been surging since the beginning of December. Bespoke said: “Since the Lehman Brothers’ collapse on September 15, 2008, PFF is...
Read MoreDoug Casey is an American free-market market economist, financial author and entrepreneur. He has been writing a monthly investment newsletter, the International Speculator since 1979 and I always find his ideas quite...
Read MoreSource: The Big Picture, January 14, 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 will find myself in Geneva over the next few days, trying to gauge what the gnomes make of the economic recovery. Blog posting will be slow (and totally absent on some days) while I am on the road, but the normal service will...
Read MoreThis chart below, courtesy of sentimentrader.com (via Jordan Roy-Byrne on Wall St. Cheat Sheet), shows that speculators are more long the US dollar than at any other time. “Now this isn’t necessarily bearish for the dollar in...
Read MoreThis post is a guest contribution by Dian Chu, market analyst, trader and author of the Economic Forecasts and Opinions blog. Société Générale (SocGen), France’s second-biggest bank, has told its clients to be bullish on...
Read MoreThe dollar has turned a corner against the yen, according to Robin Griffiths, technical strategist of Cazenove Capital. He sees stock markets going “a little higher for a little longer” and Turkey being the “breakout” emerging...
Read MoreThis post provides links to a number of interesting articles I have read over the past few days that you may also enjoy. • The Economist: The danger of the bounce, January 7, 2010. Once again, cheap money is driving up asset...
Read MoreFighting back against Fed chief Ben Bernanke’s recent statements, John Taylor, Stanford economics professor and the creator of the Taylor Rule, states his case. Source: CNBC, January 12, 2010. Did you enjoy this post? If so,...
Read MoreBy Cees Bruggemans, Chief Economist of FNB. I was asked recently on a Durban radio station what my expectations were longer term. Provided the world favours us in coming years, with our export prices, export volumes and...
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