One of the definitions of “stress” offered by the Merriam-Webster dictionary is “bodily or mental tension resulting from factors that tend to alter an existent equilibrium”. Well, any bodily or mental...
Read MoreThe debate rages on: Is this a suckers’ rally or a new bull market? James Montier, the highly respected co-chief strategist of SocGen has weighed in on the subject in his latest Mind Matters investment newsletter. The...
Read MoreThis post is a guest contribution by Rebecca Wilder*, author of the of the News N Economics blog. This week’s peek at the global economy shows some economic calm. The signs of hope remain mostly in the soft data – US...
Read MoreAs to be expected, discussions about the stress tests on the health of the 19 biggest US banks dominated the video airwaves during the past few days, with arguments ranging from whether the tests were necessary to whether they...
Read MoreThis post is a guest contribution by Niels Jensen*, chief executive partner of London-based Absolute Return Partners. Is the crisis really over? Commercial paper spreads have come down dramatically. Libor rates are (hmm –...
Read MoreIs gold bullion coming back to life? Should one read anything into its rise of 3.6% over the past two days to above $900? The yellow metal solidly outperformed stock markets for the bulk of the equity bear market that commenced...
Read MoreJeremy Grantham’s keenly awaited quarterly newsletter, entitled “The last hurrah and seven lean years”, has just been published. Grantham, who co-founded Boston-based GMO in 1977, covers a lot of...
Read MoreDavid Rosenberg, Merrill’s respected chief North American economist, is leaving the firm this month to return to his native Toronto, where he will join a buy-side firm, Gluskin Sheff & Associates. Tyler Durden has...
Read MoreThe current economic environment may have affected even the most well-considered retirement plans. Wherever you are on the path to retirement, recent declines in equity and housing prices are likely to have raised concerns about...
Read MoreThe comments below were provided by Kevin Lane of Fusion IQ. Market internals continued to be stellar with the NYSE registering an up to down volume ratio of 19.2 to 1, while advancers beat decliners by a ratio of 5.7 to 1. On...
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