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Author: Vivian Lewis

Luck of the Irish

Like Portugal, Spain is also ceasing to be a PIIGS country. Its public accounts produced a deficit in H1 of 2.44% of GNP, a level half as high as the prior year H1 in euros, and nearly as big a drop in percentage terms (from...

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Full Report on Future Bond Bust

Tom McClellan has graciously offered all our readers a chance to read the full version of his bond report showing the potential for a bust this year. I had trouble reproducing his tables and cut them from what I sent out...

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Saracens and Jews

Tom McClellan writes in The McClellan Market Report, daily edition:The Baby Boom started in 1946, and continued through 1964.  Boomers saw their first instance of a financial bubble in the 1970s when gold was finally...

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George Washington on the Cordova Mosque

Canada’s Mounties are in the midst of dismantling an Ottawa-based Al-Qaeda arm run by an X-ray technician. Terrorism in boring old Canada sounds off, but so too does the USA hysteria against theCordova mosque dedicated to...

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Portugal’s Economy Growing

Q2 German economic recovery hit 2.2% growth year over year, the best level since the country was reunified. Germany now looks like leading the European Union (EU) out of the global economic crisis if it learns to work and play...

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The Bond Bubble

EPFR which tracks fund flows writes of the past week: “Investors pulled $7.49 bn out of equity funds and committed a net $4.2 bn to their bond fund counterparts. The YTD inflows is the extension of a remarkable two-year...

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The Apple and the Tree

  The real problem in Australia, from where we have good news for our portfolio, is that the key to Labour holding power is in the hands of the anti-business Greens, who are more or less Reds. They will insist on new taxes...

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Comprar

The Russian fires have spread to British Columbia in Canada. Here in Portugal there are many assumptions that burning woods are the result of arson. But firebugs are not the likeliest culprits. Careless smokers seems far...

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The Wisdom of Crowds

Frida Ghitis writes: Here in Sri Lanka, where a three-decade war has just ended, war-weary civilians hope peace will hold, while savvy investors rub their hands, already counting their juicy peace dividend. The Colombo exchange...

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Poor Portugal

Your editor has descended from the Sierra da Estrella where she duly visited port wine estates, castles and convents, plus a synagogue for crypto-Jews in Belmonte called Sinagoga Eliahu. That refers to Elijah the Prophet who...

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