Markets

The following is a post by Marc Chandler, head of Brown Brother Harriman’s Currency Strategy Team. For more of BBH’s currency views, visit the website here. The South African rand is benefitting from two forces.  The first is the…

The great Lebanese poet Kahlil Gibran once wrote that sometimes the mountain is clearer from the plane than the summit.  This insight may be applied to the foreign exchange market.   Currencies in the modern era, not backed…

Given my post on Jim Rogers’ doubting Chanos’ knowledge about China, I thought it appropriate to post the latest Chanos interview on the China property bubble.  This call by Chanos is really setting us up for some seriously…

One of the larger problems in the unfolding meltdown in Greece is the fraud apparently perpetrated by past Greek governments to conceal their true levels of debt. This is having a very adverse effect on Greek credit spreads to (German)…

The following link goes to an hour-long video from the Russia Forum 2010 featuring famed investors and market watchers Hugh Hendry and Nassim Nicholas Taleb. Marc Faber was the moderator. The session is “Investments: Where is the Money in…

Commenting about the recent Wall Street Journal article “Housing rebound in Canada spurs talk of new bubble,” Rolfe Winkler of Reuters says Last week Paul Krugman toasted the sobriety of Canadian banks. Among other things, he said that…

In the lead-up to the credit crisis, I really didn’t write a considerable amount about second mortgages despite my focus on credit writedowns. At that time, I was more focused on writedowns from securitized mortgage paper (and later…

According to data released today by the Halifax, UK house prices are now up almost 10% above the levels of just 9 months ago.  Low interest rates have certainly been a big factor in the rise, with Nationwide’s figure showing an even…

This is a post which was originally published at A Fistful of Euros. Well there certainly is a lot happening out there at the moment. And Monday’s successful bond sale which left the Greek government triumphantly proclaiming they could…

Bill Gross is out with his latest monthly investment outlook. He is taking on the issue of sovereign debt. This is an issue that has moved center stage, especially in the wake of the surprise Thanksgiving debt moratorium announcement in…