Is Paper Money Going the Way of the Dinosaur? Written By: Eben Esterhuizen 2007-12-20 20:56:16
"Climate change will likely affect economies and financial markets by causing shocks to long-term growth prospects and shifts in the relative price of carbon-intensive goods," said Morgan Stanley's Elga Bartsch in a recent research report. "Globally, climate change will likely cause stagflationary pressure."
Is the Sky Falling? (Continued) Written By: Mark Bershatsky 2008-03-27 11:14:40 In a previous post, I had mentioned how our current financial crisis has rippled across other sectors of the U.S. economy and overseas, sending noticeable shock waves across global financial markets. The critics and "doom and gloomers" are all lined up and waiting to unleash a heavy dose of "I told you so" to investors that will supposedly get burned if they don't allocate their money properly, however I think much of this pessimism is overhyped.
Listening to Market Predictions: Do Not Get Caught Picking Your Bottom Written By: David Neubert 2008-10-27 10:52:11 The media is having a field day with the market decline. People who wouldn't normally be interested are watching CNBC or Bloomberg TV and reading the business section. If you are making predictions of Dow 2000 or Dow 1000 you will get on TV or quoted in the newspaper. Now there is also a big incentive to call the bottom of the market. The person who randomly picks the bottom will become famous but many who follow the predictions of bottom pickers will get nothing but losses. There is an old Wall Street saying that goes: "Don't pick your nose and don't pick bottoms."
Post-Vacation Blues and the Current Market Written By: Eben Esterhuizen 2008-07-15 02:42:23 Photo: Petrick2008, Creative Commons, Flickr
Since coming back from my holiday last week I've made a point of walking past the New York Stock Exchange on my way to work. I sat on a bench and looked at the traders as they exited the building after the close, and every now and again I eavesdropped on their conversations.
Something is wrong.
I keep telling myself that it's all going to be OK, I keep telling myself that things are never as bad as the fear mongers proclaim, but I can't shake off the feeling that the situation is about to take a turn for the worse...
Seven Trends to Kickstart a Major World Conflict Written By: Eben Esterhuizen 2008-08-14 02:58:24 Photo: Dawn Endico, Creative Commons, Flickr
Apologies for the sensational headline. To put it more academically, following are seven issues that might significantly negatively affect the global political economy:
