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Daily Archives: October 29, 2012
Hard landing in mining and commodity prices
Good article from Andy Xie on our late great, commodity cycle that peaked in 2008 with the credit bubble and then experienced a temporary price revival on government stimulus efforts, especially in China, in 2008-09. I too have been warning … Continue reading
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El-Erian: “we may be looking at an equities bubble”
Mohamed El-Erian, CEO and co-chief investment officer at Pimco, discusses the risks of recession and the extreme disconnect between present market valuations and fundamental prospects: “markets have priced in not just an active Fed, but an effective Fed.” Here is … Continue reading
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Canadians urged to prepare for Hurricane Sandy
The storm, moving up the U.S. Eastern Seaboard, has already caused the cancellation of hundreds of flights to and from Eastern Canada. Wind warnings have been posted by Environment Canada covering much of southern Ontario, along with parts of Eastern … Continue reading
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