Two market developments are worthy of note today (so far). Gold is up 2.5% (off a very cheap low) and USDYEN and EURYEN have made very significant 1.3% moves down.
Stuff like this scares me. It looks like acceleration in the flight to quality. The ne…
AS PROTESTS against financial power sweep the world this week, science may have confirmed the protesters’ worst fears.
An analysis of the relationships between 43,000 transnational corporations has identified a relatively small group of companies, ma…
The latest letter from Jeremy Grantham at GMO (.pdf) is out, and it captures nicely the anger felt by many in the investing class at Washington right now:
“My worst fears about the potential loss of confidence in our leaders, institutions, “and …
