How long can the Fed pump up the US bond bubble? Time to shift into hard assets?
The most obvious bubble in the global financial system is the US bond market and by far the biggest today. Holding interest rates until late 2014 as the Fed announced yesterday should hold it stable…
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Eurozone and Iran to top Davos agenda as recession looms
It is that time of year again when all the leaders of the business world assemble in Davos in Switzerland to discuss the future with invited guests from governments and academia.
Nothing is actually decided…
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Dow to fall to 8,000 this year says Joseph Granville
Veteran chartist Joseph Granville thinks the Dow Jones Index will slump by 4,000 points to 8,000 by the end of the year, with the top in last Friday. He spoke with Adam Johnson on Bloomberg…
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A sucker’s rally on very thin volume?
The giant head-and-shoulders in the S&P 500 that ArabianMoney investment newsletter subscribers have already heard so much about in recent months still seems to be forming.
We now seem to be at the late stage…
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Marc Faber warns of again of a bubble in top treasury bonds
Marc Faber, publisher of the Gloom, Boom and Doom report, spoke to Bloomberg Television’s Sara Eisen and Erik Schatzker and said that investors have created a ‘bubble’ in the ‘highest-quality’ government bonds and should move…
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Jim Sinclair sees IMF money printing, dollar collapse and $2,100 gold in 2012
Doyen of the gold bugs Jim Sinclair is the man who advized the Hunt Brothers on precious metals in the 70s’ bull market and a highly successful gold trader. His thoughts for 2012 are therefore…
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Beware the positive spin on negative news for financial markets
Wall Street’s spin factory is working overtime as we get into the New Year. The slowdown in the Chinese economy is good news for new stimulus money. Greece is a small problem. Hungary is tiny.…
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Euro and sterling weakness means Gulf expatriates will focus on dollar-pegged assets
Eventually the devaluation of the euro and the pound sterling will throw up some interesting bargains for Gulf expatriates paid in dollar-pegged currencies.
But in the meantime investing in the eurozone or UK is a…
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Is this the week that financial markets lose their sangfroid and sink?
Perhaps volumes in global financial market will step up this week with the eurozone back on the brink of armageddon again. The problem is that rather like the little boy who cried fire. Nobody is…
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Greece moves closer to default as S&P lowers rating for nine eurozone countries and France loses triple-A
France lost its much coveted triple-A credit rating yesterday and eight other eurozone countries saw their debt downgraded, while the private sector creditor group negotiating with Greece suspended talks due to a failure to agree…
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