Global Investing

Investing with Dante

October 10, 2008

You know things are bad on financial markets when an investment research note starts talking about Dante‘s visit to the nine circles of Hell with tormented lustful souls and gluttons living in filthy slush.

Iceland for sale — collect in person

October 10, 2008

Iceland for saleIceland is for sale — on ebay.

It has great scenery and wildlife but the financial situation is in need of repair and a buyer must collect in person.

McCainonomics

October 3, 2008

Republican presidential candidate John McCain has admitted in the past that economics is not his strong suit. In an interview with Reuters this week, he expressed a desire for a Treasury secretary who inspires confidence and trust if he should win the White House. rtx92vl.jpgMcCain also aid he could balance the budget by 2013 if the economy gets going and if nothing is done to harm growth.Nothing worrying about any of that.

Forecaster sees more Fed cuts, higher U.S. unemployment

September 30, 2008

Macroeconomic Advisers tells clients this morning they expect “weaker growth in Q3, a deeper decline in Q4 than we previously expected, and a weak rebound in Q1 of next year will now qualify this period formally as a recession.”

Going back to Quakers?

September 23, 2008

InvestorIn these troubled times, go back to basics.

Theo Zemek, AXA Investment Managers‘ global head of fixed income, says investors should adopt “Quaker investment policies” – sober and safe investment strategies that can be explained to their grandmothers.

Commerce Secretary Gutierrez at the RNC

September 4, 2008

Commerce Secretary Carlos Gutierrez tells Corbett B. Daly, Washington Bureau Chief of Thomson Reuters Markets, that the U.S. economy is “going through a difficult time, there is no question.”

The insane mantra of emerging markets

September 3, 2008

With emerging market stocks taking a beating, now would not seem to be an obvious time to launch new equity funds for the asset class. Benchmarker MSCI’s main emerging market stock index, after all, has lost more than a quarter of its value so far this year and concerns about the U.S. economic slowdown spreading are rife.

Talking inflation over coffee as oil falls

September 2, 2008

CoffeeInteresting juxtapositions at a Barclays Capital chat. On the day when oil prices were plunging below $106 a barrel — more than $40 below their July record peak — the investment bank held a lunch seminar to discuss trading strategies on inflation. ”It seems odd to have an inflation seminar when oil prices more or less collapsed,” said Tim Bond, head of global asset allocation. He added, however, that there is still structural upward pressure on inflation and this theme is further to run.

What about the Whigs?

September 1, 2008

pols.jpgAs Democrats and Republicans kick off the final countdown to the Nov. 4 election, strategists at U.S. investment bank Lehman Brothers have done some interesting data mining.

Using terrorism to gauge oil’s impact

August 18, 2008
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