How JM Keynes was the Warren Buffett of his time
British economist John Maynard Keynes set the agenda for the post-war world with his currency regime and deficit spending philosophy. But he was also a highly successful personal investor like Warren Buffett. If only he…
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US economy failing to gain traction notes Pimco’s Mohamed El-Erian
Bloomberg TV’s Betty Liu spoke with Mohamed El-Erian of Pimco, who said that the Federal Reserve is likely to provide additional assistance if the economy weakens further, but there is ‘no immediate need’ to do…
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Is it time to get out of cash and bonds?
How do you spot when a currency is depreciating faster than the interest rates it pays depositors? Well it is usually pretty obvious from the inflation rate but you might not notice for a while…
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Dubai looks to raise $1.5bn Islamic bond as Dr Marc Faber sees the start of a mini-boom
Dubai has hired four banks to arrange a $1.5 billion Islamic bond, its first sukuk sale in almost a year. A successful debt sale would set the benchmark for lower interest rates in the city,…
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China is the next financial crisis waiting to happen, this is no time for Middle Eastern firms to invest
The standout survivor of the 2008-9 global financial crisis was China whose massive liquidity injection equal to half of GDP kept the economy booming against all odds. Yet there is a historic precedent for such…
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Top tips for start ups from the UK entrepreneur of the year
Bloomberg interviews Paul Lindley, 2011’s entrepreneur of the Year in the UK National Business Awards who remortgaged his home to set up ‘Ella’s Kitchen,’ an organic baby food company, now estimated to be worth $80…
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Prince Alwaleed shows no great performance for past 16 years as an investor
Bloomberg may have just belatedly added Saudi investor Prince Alwaleed bin Talal to its index of billionaires but his performance over the past 16 years since he first appeared on the first-ever cover of Gulf…
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Silver guru Eric Sprott explains why China has become an important gold buyer in the past six months
Billionaire commodities fund manager Eric Sprott tells goldseek.com radio that more liquidity injections by the Fed and other central banks will send precious metals to much higher prices. The Chinese government has become a very…
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US house starts still in depression and US manufacturing falls again, where is the recovery?
Amazingly the IMF managed to raise its forecast for global growth by a tiny fraction on the day that US housing starts came in below the most pessimistic of forecasts and US manufacturing activity declined…
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Man who made the best trade in history shorting subprime is now shorting eurozone sovereign debt
Bloomberg’s Erik Schatzker, Stephanie Ruhle, Scarlet Fu and Sara Eisen report that John Paulson, the billionaire hedge-fund manager seeking to reverse record losses in 2011, told investors he is shorting European sovereign bonds. They speak…
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