Monthly Archives: February 2009

Been out of the country for the past week, so a little behind in some writing. No matter where we go on the planet of course, we are always tracking the market. Last week was colourful indeed. Bailout package scraped … Continue reading →

Markets rallied strongly yesterday over the news of more horrible job losses. This was a positive sign. Politicians everywhere are depressed, talking about “depressions”. I am reminded of the old adage from Fred Schewd Jr. that when the politicians are … Continue reading →

Economist Martin Wolfe was warning of the credit crash before it happened. He recently returned from the World Economic Conference in Davos. He talks with Charlie Rose on the state of the world economy, some of the rescue plans underway … Continue reading →