Monty Pelerin's World

Economic, Financial and Political Analysis

Archives for September, 2009

MASS LAYOFFS – AUGUST 2009

This just in from the BLS. Layoffs appear to be on the rise again. Employers took 2,690 mass layoff actions in August that resulted in the separation of 259,307 workers, seasonally adjusted, as measured by new filings for unemployment insurance benefits during the month, the U.S. Bureau of Labor Statistics reported today. Each action involved [...]

Read the rest of this entry »

Possible Armageddon per Julian Robertson

Here is a must-listen by Julian Robertson, a legend on Wall Street and a knowledgeable investor. The interview is quite straight-forward and frank and provides a good overview of the important forces in play. Not crazy about his global warming views.

Read the rest of this entry »

Bernanke’s “The Recession is Over”

Read the rest of this entry »

No Recovery for Blanche du Bois

Despite all the hoopla regarding an economic recovery, there can be no recovery until the economy sheds the excess debt.  The consumer is tapped out and is adjusting his balance sheet to reduce leverage. That is good, despite what the government wants (another credit bubble). The so-called stimulus programs can mask economic performance for a [...]

Read the rest of this entry »

Decade Returns by Asset Class

Nice post from Big Picture with permalink below: Simple chart from David Rosenberg of Gluskin Sheff showing the 10 year returns by asset classes: > > If you believe in mean reversion over the long term — and this is a 10 year chart — then you probably are cautious on Gold here and more [...]

Read the rest of this entry »

Page 6 of 14:« First« 3 4 5 6 7 8 9 »Last »