Post Tagged with: "outlook"
Montier: Was It All Just A Bad Dream? Or, Ten Lessons Not Learnt
James Montier, a member of fund manager GMO’s Asset Allocation Team, examined whether we learned anything from the market declines of 2008 and early 2009. His answer is, as you would expect, not a lot. Below, is an outline of the ten lessons not learned followed by a link to the full paper. It’s a
European Currencies to Suffer Disproportionately vs. US Dollar
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. At our website, please find our Weekly FXView, a one page table of driving forces and capital market trends for the major currencies in the week ahead. We still
Links: 2010-02-25 – inflating, Buffet myths, Buiter’s predictions and more
The Pragmatic Capitalist – The Many Myths of Warren Buffett Morgan Stanley – Global Economic Forum – Default or Inflate or… Time to Press China on Its Exchange Rate – Economix Blog – NYTimes.com FT Alphaville – Neil Hume – Buiter’s back S&P May Downgrade Greece Within Month on Budget Risks – Bloomberg.com Obama may
America’s Incredible Consumer Confidence Index
In his latest post, Edward Hugh marvels at the Spanish population’s optimism that the economy will soon turn. While they correctly judge the current situation as abysmal, for whatever reason, the Spanish believe things will turn up shortly. More power to them. But the Spanish aren’t the only true believers. Witness America’s own consumer confidence
Spain’s Incredible Consumer Confidence Index
This post was originally published at A Fistful of Euros. According to Spain’s Instituto de Crédito Oficial (ICO) the ICC-ICO (consumer confidence index) went up in January by 6.1 points from its December value and is now at its highest level since August 2009. This confidence improvement is largely due to a significant rise in
Byron Wien: Ten Surprises for 2007 and 2008
Given the fact that I have just finished writing two articles on Wien’s predictions for 2010, I thought it relevant to look back at the last three years of Wien’s surprises to just before the housing crisis. I posted the 2009 predictions last year. The post is here. Wien calls these events that he gives
More on Byron Wien’s Ten Surprises for 2010
Byron Wien was amazingly accurate last year in his economic predictions even though his annual list is an attempt to build a non-consensus list of likely outlier events. So, I was eager to see Byron Wien’s 2010 surprises, which were unveiled earlier today. Please read his list in the previous link as background. Reviewing 2009
Byron Wien: Ten Surprises for 2010
I will have some commentary on this in a future post or an updated version of this one. Update 1600 ET: you can see my commentary in the next post here. The Surprises of 2010 The United States economy grows at a stronger than expected 5% real rate during the year and the unemployment level
Think outside the box: ten outrageous predictions for 2010
Just like last year, I am going to present the list of ten outrageous predictions from Denmark’s Saxo Bank. When I presented the list in 2008, I gave the following disclaimer: Their list is outlandish — and I’ll get to it in a moment. But, first, I want to say these predictions serve a very
Richard Bernstein: Ten predictions for 2010
So, it’s that time of year again when people make their year-end predictions. I’ll be running my own and critiquing my performance from last year. Here are former bear now bull Richard Bernstein’s ten predictions for 2010. There is a clip at the bottom from CNBC as well. Before you pillory Bernstein for going from
UBS: ‘The disaster in Spain will continue’
This is a translation of a Spanish-language article from Finanzas. For UBS, there is no debate about the economy’s green shoots despite the improvement in employment and the slowest fall in consumption and industrial production. In a harsh report on Spain, the Swiss bank says that the worst is yet to come, and that unemployment
David Tice: All bearish, all the time
I love this guy. If you are looking for a guy who is super bearish on the U.S., then David Tice is your man. He sees unemployment at 15%, stocks well down from present levels and a serious Depression with a Capital-D in the offing. In short, he’s talking about a financial and economic catastrophe.