Hi all,
It has been another interesting week that will make history in the global financial markets where the US markets lost a total of $1 Trillion on the market bourse, as Dow was down 777 points closing 10,365.45, Nasdaq down 199 points closing the day at 1983.73, S&P 500 down by 106points closing the day at 1106.39, in the US [...]
The Absolute Return Letter
September 2008
“If a loose monetary policy and rapid asset price inflation were the route to economic prosperity, Argentina would be the richest country in the world by now.”
Albert Edwards
Co-Head, Global Cross Asset Strategy
Societe Generale
August is my month off. Every year I go to Mallorca where my favourite pastime is the occasional glance [...]
Today’s events have indeed been a thrilling experience experience for the international markets. As I am writing this, the China Central Banks has just cut its key interest rate again by 27 basis points to spur growth, Lehman (est. 1844) has filed for Chapter 11 (Bankruptcy) , there are rounds of ECB having an emergency [...]
Thoughts from the Frontline Weekly Newsletter - www.frontlinethoughts.com/learnmore
Housing: Are We Near the Bottom?
by John Mauldin
September 12, 2008
In this issue:
The Headwinds to Growing Your Wealth
The Wealth of Nations
Housing: Are We at the Bottom?
Alt-A is the New Subprime
3.5 Million Unemployed and Counting
La Jolla, South Africa and London
This week we look at the housing market in some detail. When [...]
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