Both spending and tax receipts put in double-digit performances to produce a US ten-digit deficit (actually $1.1 trillion) for the first nine months of the fiscal year and broke a monthly record of $94 billion in June. Spending...
Read MoreSource: Pat Bagley, July 13, 2009. Did you enjoy this post? If so, click here to subscribe to updates to Investment Postcards from Cape Town by e-mail.
Read MoreThe comments below were provided by Kevin Lane of Fusion IQ. As seen on the daily chart of the S&P 500 below, the Index is at the lower end of its support zone (purple linesand arrows). Given that the Index is...
Read MoreThis post provides links to a number of interesting articles I have read over the past few days (while touring through Switzerland) that you may also enjoy. • Samuel Brittan (Financial Times): A new guide for the perplexed,...
Read MoreHow do the Obama deficits compare with past presidents? And how did the national debt get so big anyway. This novel video by Political Math tries to answer those questions by looking at the debt as a road trip … Source:...
Read MoreSource: Walt Handelman, July 10, 2009. Did you enjoy this post? If so, click here to subscribe to updates to Investment Postcards from Cape Town by e-mail.
Read MoreThe June edition of the Reuters South African Survey of Economists has just been published. (The Reuters Econometer is a measure of economic sentiment drawn from a monthly poll of forecasts by leading economists in South Africa...
Read MoreAs I reluctantly start packing my bags after a most enjoyable two weeks of R&R in Europe (see my posts on Slovenia and Switzerland), “Words from the Wise” comes to you a bit more cryptically than usual. However,...
Read MoreThis week in WealthTrack’s series on “Great Investors”, Consuelo Mack travels to Los Angeles to interview Robert Rodriguez, CEO of First Pacific Advisors. His 25-year track record of running both a...
Read MoreThis post is a guest contribution by Rebecca Wilder*, author of the of the News N Economics blog. Here in the US, markets are looking for the actual turning point, having priced in the “falling less quickly”, or the...
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