Reporters of the Wall Street Journal have produced a three-part video series on the crisis on the Street, looking at “What happened”, “Why it happened” and “What happens next”. This is an excellent overview of the financial...
Read MoreTen years ago in his book The Return of Depression Economics, Paul Krugman* warned of the problems that would lead to the current crisis. Last year the professor and trenchant columnist was awarded the Nobel Prize for Economics....
Read MoreSource: Steve Breen, Comics.com, July 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 MoreIt would seem that the US housing market – arguably the Achilles heel of the global financial morass – is finally looking up. Following the announcement on Monday that the inventory of unsold new houses in the US had...
Read MoreThis home-made clip features Hugh Hendry, founder of Eclectica Asset Management, walking around the streets ofChina (presumably Beijing or Shanghai) and pointing out numerous empty buildings. Huge debt must have been incurred in...
Read MoreI published the first three chapters of Richard Karn’s e-book, Credit and Credibility, in a post a few days ago. In this fascinating book, Karn, author of the Emerging Trends Report, gives his assessment of today’s financial...
Read More“Is Sarah Palin secretly a beat poet? Do her words make little to no sense because she is so immersed in language and lyrics that she operates on a plane we cannot grasp? We sincerely doubt it, but that was the implication last...
Read MoreThere was a great deal of interest in my recent post “Dow Theory calls a bull market“. Readers had many questions on what brought about the Dow Theory bull signal, and specifically whetherRichard Russell, “Mr Dow Theory” and...
Read MoreJeremy Grantham has become a familiar and very popular face on this site. For those treasuring his insight, wisdom and prescient calls, the co-founder and chairman of Boston-based GMO has just published the July edition of his...
Read MoreSource: YouTube, July 27, 2009. 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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