from Jeremy Gaunt:

Getting there from here

September 1, 2011

Depending on how you look at it, August may not have been as bad a month for stocks as advertised. For the month as a whole, the MSCI all-country world stock index  lost more than 7.5 percent.  This was the worst performance since May last year, and the worst August since 1998.

from Global Investing:

Clever Fed

November 4, 2010

Proof  that a little surprise can be quite big.

Ahead of the Federal Reserve's decision on more quantitative easing there were three possible outcomes that  could have threatened what is becoming a strong global equity rally. In short: