The year of living dangerously
2012 promises a rough ride for investors. Much of the industrialised world is engaged in a deleveraging process which will take several years and have negative consequences on economic growth. As a result, the global economy is extremely fragile and it won’t take much to trigger a major crisis.
Do the recent stock market declines represent a buying opportunity?
Equity markets have seen something of a nosedive since the end of July. Is this a buying opportunity?
Brazil: an economic success story
In the past few years Brazil has experienced undeniable economic success. In 2010, growth exceeded 7% and current analyst projections for this year place the figure at above 4%.
Investment strategy 2011 (fourth and last part)
Defensive sectors have significantly underperformed during the stock market recovery of the past two years. A number of factors are prompting me to think that this situation is coming to an end.
Investment strategy 2011 (second part)
The emerging markets are currently going through a challenging period. Since the start of the year, the MSCI Emerging Markets Index has lost 6% in local currency terms.
Some thoughts on currencies
Forecasting short-term and medium-term currency developments is extremely tricky. Despite this, investors need to have an overall framework for managing their currency allocation.
Quantitative Easing (Part 2)
As was widely anticipated, the Federal Reserve has decided to resort to a
new round of quantitative easing. “QE2”, announced on Monday, will take
the form of buying around 75 billion dollars of government bonds per
month from now to the end of June 2011.
Some alternatives to traditional fixed income investmentsIn light of low government bond yields (the 10-year German bond yield has fallen below 2.4%) and the contraction of the interest rate differential between (investment grade) corporate and government bonds, investors need to get off the beaten track to get a higher regular income. Here are some suggestions: Analysis of the situation in ten points
In the following I have tried to sum up in ten points my analysis of the economic and financial situation.
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2012
Latest comments
For gold to be in a bull market you need: - ...
Do the recent stock market declines represent a buying opportunity?
Le 25/08/2011 par Guy Wagner
After reading your analyse, I thought, "What about investing in ...
Do the recent stock market declines represent a buying opportunity?
Le 24/08/2011
Hi Guy, I'm a regular reader of your blog and ...
A Greek tragedy
Le 29/07/2011 par Ian Brown
hi Guy, great blog. Do you have an opinion on domestic and/or ...
BL-Global Flexible - Situation as at 10 June 2011
Le 15/06/2011
The problem is that: - Greece does not have a liquidity ...
Update on our investment strategy
Le 24/05/2011 par Guy Wagner