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Where Europe is headed and what it means for investors
This is weekly number three for Credit Writedowns Gold. The topic for the week is really unavoidable because it is all anyone talks about: Europe. Let's be honest, Europe is a complete mess and I believe it will only get worse. The question…
Biggest highlights from Barron’s Roundtable
Here are the comments I found the most interesting from the first part of this year's Barron's Investing Roundtable interview which was published today.
Willem Buiter: “We will certainly have a panic stage before the debt crisis is resolved”…
Continuing from part 1 of the Willem Buiter interview with het Financieele Dagblad
Willem Buiter: “We will certainly have a panic stage before the debt crisis is resolved”…
The countries of the eurozone will eventually emerge from the sovereign debt crisis -- with pain and difficulty. That is what Citigroup chief economist Willem Buiter, on a visit to Amsterdam on Friday during a roadshow, expects. Spain and…
Waiting for Bank of America’s bankruptcy or break up
Read between the lines. Bank of America is on government life support. As a result, it is being forced to shed assets and cut staff in the hope that this will be enough to prevent its having to be bailed out or resolved. Moreover, a…
Protecting wealth in a world of recurring crisis
Happy Wednesday. I know the news is 'less good' today than it was when I last wrote you but writing these weeklies always puts me in a more positive frame of mind. Nevertheless, today's topic is about downside risk. My hope is to frame the…
Everyone is talking seasonality
Here is something to flag; there has been a lot of chatter amongst economic pundits about the seasonality effect on recent data. Those with a sceptical view have been saying that the upside surprise in the Friday jobs data in particular is…
Jobs Report January 2012
The US is a continental country, meaning that its economy is mostly domestic with only a small percentage coming from outside via trade. That makes the US much less beholden to external demand than countries like Germany that are…
Can Brazil’s economic boom last?
I thought I would flag this video by the BBC because I think we are seeing Brazil slow along with China and India as the three largest emerging economies that people care about.