On Burning Developments and Economic Prospects: Centrifugal Forces and Countercyclical Strategies
At the time of this drafting the news centers on different fronts: Prime Minister Socrates in Portugal announced his resignation over a lost confidence vote in the parliament that was about the fourth austerity package of measures within a year! Portugal soon may be...Market Developments in the Wake of the Japanese Catastrophe: Are we Facing a Rising Global Financial Entropy ?
The global equities market and its bullishness has experienced a shock. By some historical standards such as the P/E ratio and the forward-looking earnings multiple, the markets (at least some sectors) are overvalued, and thus the Japanese catastrophe becomes an...On Hotspots, Part IV: The Geopolitics of Pakistan
Since our last post covering global hot spots, the protest movements throughout the Middle East have only continued and picked up in intensity. Oman, Saudi Arabia (BTW for how long will it be known as Saudi Arabia and not just Arabia?), Iran (theocracy is dead, and...A Treacherous Rebalancing Act: A Currency View
Bob Dylan’s song “The times they ‘re a changing”, fits pretty well in today’s global picture. The landscape is changing indeed. Where should we start? In the Arab world? In the fiscal imbalances in the EU but also in the US? In the credit mechanism and its collateral...Sign Up for Our Publications
