Archives for November 2008

Monthly Archives: November 2008

'Encouraged by a wicked wizard, Greenspan, Bernanke toils at his printing press'

The Guardian has published below, an insight-full essay by Hugh Hendry, CIO, Eclectica Asset Management. Hendry's brash and eloquent commentary has ea ...
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Credit Crisis Watch (November 28, 2008)

For the world’s financial system to start functioning normally again, it is imperative that confidence in the credit markets be restored. In order to ...
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Must-Read China Reading: World Bank Quarterly

If you read one thing on China this week/month/quarter/season, let it be the new World Bank China Quarterly. Superbly useful stuff. Get it here. [via ...
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Bill Ackman: Pershing Square Q3 2008 Letter

Pershing Square Q3 2008 Investor Letter by Bill Ackman, November 15, 2008 at 11:44 pm These are extraordinary times particularly for active participan ...
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The Mother of All Bear Market Rallies?

Barton Biggs at Traxis Partners believes that equities could be setting up for ‘the mother of all bear market rallies.’ The piece, written Nov. 24 by ...
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ScotiaMocatta: Precious Metals Forecast 2009

ScotiaMocatta has put out an an informative report, published November 20, 2008, "Precious Metals Forecast 2009." Here is the Executive Summary: Price ...
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Mr President: spend, spend, spend

The United States is ready to roll towards prosperity, if a good hard shove can be given in the next six months John Maynard Keynes The following is a ...
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Tom Barrack's Economic Outlook

Famed investor Tom Barrack shares his economic outlook with CNBC's Erin Burnett. Barrack believes that the economy is in for a total disaster, and the ...
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McCulley: The Paradox of Deleveraging will be Broken

Paul McCulley, Managing Director and Portfolio Manager, PIMCO, earlier this year wrote a landmark discussion piece titled, "The Paradox of Deleveragin ...
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Jeremy Grantham: Alan Greenspan is My Nemesis, and More

Here is the first at-length TV interview we have ever seen GMO’s Jeremy Grantham do. We could not figure out how to embed it, so here’s the link. The ...
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Hendry: Going long on government bonds

By Hugh Hendry Published: November 19 2008 16:03 Someone once said there are certain things that cannot be adequately explained to a virgin, either by ...
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Panic-crash sentiment causes extreme volatility

As fear stalked global equity markets over the past few days, volatility continued unabated and the CBOE Volatility Index (VIX) again scaled the panic ...
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Mark Mobius Talks Brazil, Emerging Markets

Mark Mobius, the emerging market specialist from Templeton Asset Management reckons that Brazil offers a great opportunity for investors with nerve. T ...
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Global Equity Market Snapshot

Global equity market indices have been obliterated by the ongoing deleveraging. The markets that have broken below their previous bear market bottoms ...
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Economic Woes Torpedo Stock Markets

Yesterday was another ugly day for stocks, with bourses around the globe falling victim to strong selling pressure. Fueling the sell-off were concerns ...
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