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Daily Archives: August 15, 2011
Severity of the coming recession greater due to debt overhang
Paul Gambles, Managing Director of financial advisory and asset management firm MBMG Group said the bond market, which is the most reliable indicator, has been pointing to a slowdown since at least April or May. According to Gambles, the deleveraging … Continue reading
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Another look at the TSX: bear market rallies in 2011
More from technician Cory Venable.
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A few opinions worth looking at
* It’s the Economy, Dummkopf!: Michael Lewis’s latest feature for the Vanity Fair financial crisis series focuses on Germany. *NYT: Stop Coddling the Super-Rich, pragamatic piece from Warren Buffet on US tax changes needed *Bloomberg: Withdrawals from US stock funds … Continue reading
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