Once upon a time a man appeared in a village and announced to the villagers that he would buy monkeys for $10 each. The villagers, seeing that there were many monkeys around, went out to the forest, and started catching them....
Read More“Words from the Wise” this week again comes to you in a shortened format as I am still on the road in Europe (also see my post “Gone A.W.O.L. – to Slovenia and Switzerland“) and do not have access...
Read MoreThe following paragraphs are excerpts from Thursday’s market musings by David Rosenberg, chief economist and strategist of Gluskin Sheff & Associates in which he deliberates the investment merit of corporate bonds...
Read MoreThe holiday-shortened week saw investors pondering the depth of the economic rabbit-hole. As investors vacillated, most financial markets were characterized by a roller-coaster ride. Friday’s worse-than-expected jobs data...
Read MoreSource: Steve Breen, July 3, 2009. Did you enjoy this post? If so, click here to subscribe to updates to Investment Postcards from Cape Town by e-mail.
Read MoreAs often stated in my weekly “Words from the Wise” reviews, a confidence indicator worth monitoring is the Barron’s Confidence Index. This Index is calculated by dividing the average yield on high-grade bonds...
Read MoreThe US Labor Department yesterday reported the labor market had performed considerably worse in June than had been expected. Nonfarm payrolls (jobs) fell by 467,000, following a loss of 322,000 in May, whereas the unemployment...
Read MoreThis post is a guest contribution by Paul Kasriel* of The Northern Trust Company. In recent weeks two prominent economic commentators – Arthur Laffer and Alan Greenspan – have warned about the inflationary potential...
Read MoreSource: Walt Handelsman, July 2, 2009. Did you enjoy this post? If so, click here to subscribe to updates to Investment Postcards from Cape Town by e-mail.
Read MoreThis post provides links to a number of interesting articles I have read over the past few days (while touring through Europe) that you may also enjoy. • Gary Stix (Scientific American): The science of economic bubbles and...
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