Monday, July 29, 2013
Sunday, July 28, 2013
Friday, July 26, 2013
Wednesday, July 24, 2013
Tuesday, July 23, 2013
Sunday, July 21, 2013
But you have the gravitational forces of slow economy leading eventually to correction, but then the levitational forces of QEs, zero policy rates, more money coming in the market – not just from the U.S., but from other economies – it's going to levitate asset prices.
So, as I pointed out, this might lead to a generalized credit and equity and asset bubble in the next year or two, followed by a crash. But for the next year or so, as long as the economy grows 1.5-2 percent, and you have easy money, this market can go higher. "- in Business Insider
Related ETFs: SPDR SP 500 ETF (SPY), Financial Select Sector SPDR ETF (XLF), iShares MSCI Emerging Markets ETF (EEM)
Saturday, July 20, 2013
“Be sure your seat belt is securely fastened, because nothing has really come to rest. We have entered the ‘New Abnormal’, a period in which...the wise investor is prepared to be surprised.”
Related ETFs: iShares MSCI Emerging Markets (ETF) (EEM), SPDR SP 500 ETF (NYSE:SPY), SPDR Gold Trust ETF (GLD)
Friday, July 19, 2013
Wednesday, July 17, 2013
Tuesday, July 16, 2013
Its impressive economy growing at 8% a year albeit from a low base. And Kigali has good urban planning unlike other African cities "
Sunday, July 14, 2013
Monday, July 8, 2013
Historically, whenever you start with too much private and public debt, there is a painful period that can last over a decade, where growth is going to be anemic. Why? Because you have to spend less, to save more or dissave less to gradually reduce this tox of deficit and debt.
And that implies that economic growth has been very weak in the United States, in Europe, in Japan and other advanced economies. And that’s going to continue. Eventually, that slow economic growth is associated with rising unemployment rate, and also with social and political unrest. That’s the situation we’re facing right now – is unstable disequilibrium, is the new abnormal. We’re ahead of decade of very low economic growth.”
Thursday, July 4, 2013
Monday, July 1, 2013
Gold may be a store of value for wealth, but it is not a means of payment; you cannot pay for your groceries with it. Nor is it a unit of account; prices of goods and services, and of financial assets, are not denominated in gold terms.