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Author: Vivian Lewis

We fly tomorrrow, we hope

It is 10:30 pm Greenwich Mean daylight savings Time and it looks like the word is that we will fly home tomorrow. So there will be no Tuesday blog assuming all goes according to plan. We have packed. Lots of presents...

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Goldman Does Not Glitter Now

  As with Nixon so with Goldman Sachs; it is not the fraud but the cover-up which will hurt its business and finances, and bring down the house. The defence Goldman and its legal advisors came up with amounts to a claim...

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Ash Friday

Contributor Frida Ghitis wrote the headline.   Among the acts of God which have occurred so far this year, the volcanic eruption in Iceland was relatively benign. Icelanders living on the banks of a river beside the volcano...

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Good News and Bad News

*GlaxoSmithKline plc (GSK 39.51 NYSE – yield 4.90%) faces good news and bad. The bad is that Glaxo’s Wellbutrin anti-depression drug faces generic competition from Sun Pharma of India which got FDA approval for its...

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Lava and Love

  What slowdown? What recession? Today China reported that its Q1 growth rate was a whopping 11.9%. This makes it even more likely that the country’s currency will be allowed to appreciate, not to satisfy US demands...

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Milk and Beer

  If you drink enough beer you can forget about milk. Your editor does not speak Chinese but three Chinese-Americans keep an eye on things for her. Some moons ago, one of them mentioned that there was going to be a second...

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Small Cap Issues and Edges, part II

A post-prandial file follows with news highlights from China, Russia, South Africa, Israel, Finland, Brazil, and South Africa. My lunch was with author Piers-Paul Read and his wife Emily, a fellow editor at an excellent...

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Small Cap Issues and Edges

Your editor today was contacted by Deutsche Beteiligungs AG, a German small-cap fund which she and a few other Global Investing Pro stalwarts own. The Frankfurt, Germany-based firm’s IR, Thomas Franke, called to warn me...

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Sucker Rally

The breakdown of a ceiling on the Dow Jones can be a harbinger of doom. Are we moving into a suckers’ rally, when the bubble will inflate just before bursting? There are indications that worry people. Tom McClellan of...

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REPO and Renaud

In place of Repo 105, in recent months the US banking biggies have been practicing Repo58. Repo 105 was a device used by bankrupt Lehman Bros. To hide the extent of its leverage by “selling” debt. Repos are used to...

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