Allocation to herd: 100 percent

January 31, 2013

They’re bleating and buying. And you had better not let them run you over.

The latest Reuters surveys of global asset managers confirm what we’ve all been watching over the past month: a mad rush out of safe havens and into stock markets. There seems to be little else to report out of¬†financial markets.

Small credit for big depression

April 15, 2009

It took some time, and a lot of downward corrections to IMF GDP forecasts, before the current global economic downturn won the title of ‘worst since the Great Depression’.

Meet Macroscope …

October 10, 2008

The financial system is in the grips of its most violent
upheaval since the 1930s. A staggering amount of wealth has been
destroyed this year — $11 trillion wiped out from world stock
markets in the past nine months. The damage already is spilling
into the real economy, and fears are spreading among investors
of a deep and damaging downturn.