While financial markets remained mired in uncertainty, the who’s who of global economics descended on Davos in Switzerland for the annual meeting of the World Economic Forum. This week’s harvest of video clips therefore includes a number of ...Read more Comments Off on Video-Rama: Global Economy Banked Into Recession
Monthly Archives: January 2009
Whoa! Jeremy Grantham gives a riveting, in-depth, specific and eloquent must-see interview. It is a clear and enlightening discussion with one of the finest and quiet geniuses in the investment world. Subsequent to publication of Jeremy Grantham’s quarterly ...Read more Comments Off on Jeremy Grantham: Riveting Interview with Steve Forbes
David Swensen, legendary portfolio manager and CIO of the Yale Endowment speaks to Charlie Rose in a rare 15-minute interview. The first interview features Sen. Chuck Schumer. David Swensen follows. To get to David Swensen, advance the video ...Read more Comments Off on David Swensen on Charlie Rose
The Baltic Dry Index, the indicator of global shipping activity is now sitting at 1014, having hit its low of 663 December 5, 2008. This is a valuable measure of global trade activity, and it is indicating a ...Read more Comments Off on Baltic Dry Index Up 7 Straight Days Bullish Sign
Michael Gregory, Senior Economist, BMO Financial Group, posits in the latest issue of Focus that recovery in credit formation has and will be key to economic recovery. The typically rapid transition from decelerating to accelerating credit growth results ...Read more Comments Off on Where Credit's Due
Albert Edwards, London-based strategist of Investment Postcards’ readers. His latest research report appeared a few days ago and saw him firmly back in the bear camp after turning short-term bullish at the end of October. (See the previous ...Read more Comments Off on Albert Edwards: Back in the bear camp
Nouriel Roubini, or RGE Monitor and NYU Stern School of Business, appeared on CNBC, January 15, 2009, to discuss his outlook for 2009. Roubini's best-case call is a U-shaped recovery from this now synchronized global recession we're in, ...Read more Comments Off on Nouriel Roubini: "The worst is yet to come."
Hugh Hendry visited CNBC on January 12, 2009, and the entirety of the available footage of his commentary is worthy of your attention. In previous articles we partially covered this. As usual, Hendry's command and perspective is stark, ...Read more Comments Off on Hugh Hendry: Outlook for 2009
This post is a guest contribution by Bennet Sedacca*, President of Atlantic Advisors Asset Management. As unpopular as it may have been over the past several years, I have been writing about the impending Recession in the United ...Read more Comments Off on Cast Your Vote: Recession or Depression?
Teresa Lo, founder of InvivoAnalytics, retired from the securities industry in 1998 after a twelve-year career. Since then, she has helped thousands of individual investors, traders and investment advisors achieve their goals and secure their financial futures. She is ...Read more Comments Off on Teresa Lo's Rules of Market Survival
Year-to-date equity market performance has been bleak, considering that out of 84 countries, 19 are up and the remainder are down. 17 countries are down more than -10%. China is the second best performing equity market so far, ...Read more Comments Off on World Markets Performance 2009 YTD
Meredith Whitney, Managing Director, CIBC Oppenheimer has submitted an op-ed to FT.com, America's Banks Need to Hold a Yard Sale, in which she opines that America's banks are not acting quickly enough to liquidate assets in an orderly ...Read more Comments Off on Meredith Whitney: Banks Not Facing the Music
In October last year perennial bear Jeremy Grantham, chairman of Boston-based GMO, said: “We are reconciled to buying too soon, but we recognize that our fair value estimate of 975 on the S&P 500 is, from historical precedent, ...Read more Comments Off on Jeremy Grantham: Obama and the Teflon Men, and other Short Stories
Marc Faber, the publisher of the Gloom, Doom and Boom Report, told CNBC that the new bank bailouts are not likely to work because they are run by the same people who prolonged the economic agony by throwing ...Read more Comments Off on Interview: Marc Faber Downbeat on Bailouts
The following paragraphs from Nouriel Roubini’s RGE Monitor provide an insightful look at the daunting economic and geo-political challenges facing President Obama. Now that Barack Obama has taken the oath and become the 44th President of the United ...Read more Comments Off on Obama's Honeymoon Faces Daunting Tasks