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Written by Eben Esterhuizen
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Tuesday, 18 September 2007 |
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Is it fair that America, with 4% of the world’s population, uses 25% of global energy? As a South African, I don’t think so. I am excited about the prospect of economic growth in my home country, but I sometimes wonder where the energy will come from if America keeps unfairly extracting energy at the expense of everyone else. |
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Last Updated ( Wednesday, 19 September 2007 )
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Written by Eben Esterhuizen
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Monday, 10 September 2007 |
Photo:slopjop123, Creative Commons, Flickr
It is human nature to look towards religion or a higher power to help us overcome circumstances that are beyond our control. History is rich with examples where gods have been created to try to understand the mysteries of nature. As long as we believe that there is a higher power watching over us, providing us with direction and answers, we feel empowered to overcome the irrational forces of nature. It is only appropriate to compare the last two weeks of market volatility to an irrational force of nature, and markets are now looking towards a higher power - the Fed - for guidance. |
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Last Updated ( Saturday, 15 September 2007 )
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Written by Eben Esterhuizen
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Friday, 31 August 2007 |
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Someone once joked that the best cure for insomnia is to get a lot of sleep, but somehow I don't find that funny at the moment. If you're a homeowner in pain, you might also be struggling to sleep. You might be dreaming of a parallel world where Fed chairman Ben Bernanke saves the day, but you're more likely to wake up with a nasty housing market hangover when Bernanke speaks on the housing market tomorrow morning at 10am ET. |
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Last Updated ( Thursday, 13 September 2007 )
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Written by Casson Rosenblatt
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Monday, 27 August 2007 |
When you see "Made in China" on a product, what is your first instinct? Put the product down and move on to another? Barely notice and put it in your shopping basket? Look at other products, realize how much more they cost, and begrudgingly buy the Chinese one? While the desire to avoid Chinese products is several years old, the past year's recalls has put extra attention on the quality of Chinese exports that Americans continue to gorge ourselves on. The media, particularly in headlines, has placed most of the blame squarely on the shoulders of the Chinese government's push for economic growth at any cost. But are we overlooking more basic personal and policy choices that have lead us here?
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Last Updated ( Tuesday, 28 August 2007 )
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Written by Eben Esterhuizen
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Friday, 10 August 2007 |
I walked down Wall Street after today's market close and overheard an angry, sweaty stockbroker yelling into his cellphone. He was having a bad day, and the New York humidity must have been killing him in that tailored Armani suit. Judging by Jim Cramer's manic meltdown on television recently, Armageddon seems to be right around the corner. It could get worse. A little bird tells me to expect a BIG announcement on Monday. The kind of announcement that will make the news of the past week look like a lazy Sunday afternoon picnic.
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Last Updated ( Wednesday, 15 August 2007 )
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