Dimon: “Better regulation” is needed
Source: CNN Money, October 27, 2009. Did you enjoy this post? If so, click here to subscribe to updates to Investment Postcards from Cape Town by e-mail.
Read MoreAuthor: Prieur Du Plessis
What really goes on when the House convenes?
The snippet below comes courtesy of Casey’s Daily Dispatch. “One of our esteemed editors, Shannara Johnson, sent me this fantastic picture yesterday. “Here we see House Minority Leader Lawrence F. Cafero Jr., R-Norwalk (standing...
Read MoreStocks and risky assets stumble
I concluded a post on stock markets over the weekend saying: “After equities’ seven-month climb, stock markets certainly look vulnerable for a decline. Two downside reversal days – on Wednesday and Friday – would...
Read MoreWeak dollar is protectionist barrier, says Bill Gross
The dollar is likely to continue depreciating and the “new normal” will see consumers shedding debt in an attempt to balance their books, Bill Gross, the influential manager who runs top bond fund Pimco, told CNBC Wednesday. “I...
Read MorePrieur’s readings (October 29, 2009)
This post provides links to a number of interesting articles I have read over the past few days that you may also enjoy. • Randall Forsyth (Barron’s): Reflation trade shifting into reverse? October 27, 2009. Risk assets ranging...
Read MoreShiller says it’s more than stimulus driving home prices
Robert Shiller, economics professor at Yale University and co-creator of the S&P/Shiller home-price index, talks with Bloomberg’s Carol Massar about the US housing market. The S&P/Case-Shiller home-price index climbed...
Read MoreAs Wall Street pays out …
Source: Matt Bors, Comics.com, October 28, 2009. Did you enjoy this post? If so, click here to subscribe to updates to Investment Postcards from Cape Town by e-mail.
Read MoreGross: Rally in risk assets at its pinnacle
Bill Gross, co-founder and co-CIO of PIMCO, is to my mind one of the shrewdest money men around. His monthly newsletter, this month entitled “Midnight Candles”, therefore always makes for thought-provoking reading. He concludes...
Read MoreRosenberg: Stocks “overvalued by at least 20%”
The stock market has become overheated since exploding off its March lows and could be in for a strong correction, economist David Rosenberg told CNBC. “It is overvalued by at least 20%,” Rosenberg, formerly chief economist at...
Read MoreTechnical Talk: Fatigue sets in on stock markets
The comments regarding the Dow Jones Transportation Average were provided by Kevin Lane of Fusion IQ. “As seen below, the Dow Jones Transportation Average (TRAN) has stalled and turned down from resistance at the 4,075 level...
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