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| | | ... in each case the FOMC waited two and a half to three years before we started our tightening campaign." Thank you. Yes Virginia, you and I should give thanks for all these. Our retirement nest egg is growing again. Everything is falling in their rightful ... |
| | | | ... remains constrained, economic activity weak and unemployment much too high. Future setbacks are possible." With these words Virginia, Benny Bernanke again set the market for risk assets alight. Equities and commodities shot up, happy that our dear Uncle ... |
| | | | ... The US Federal Reserve maintained its course as it tries to guide the US economy out of stormy waters. There we have it Virginia, the much-awaited, much speculated US Federal Open Markets Committee (FOMC) meeting produced nada. By a unanimous decision ... |
| | | | ... today. There's not so much we can gather from them these days anyway and perhaps for a few more months to come. Yes, Virginia. The economic numbers have become boring. Day after day, month after month, we get the same positive data set interlaced with ... |
| | | | ... continue to grow? Surely the economy is stuff because consumers will not have the confidence to open their wallets. And Virginia, did I tell you that they account for 70 per cent of the economy? But 'unbelievers' have got their cycle wrong. Employment ... |
| | | | ... its own, the word 'cautiously' in the 'cautiously optimistic' is fast disappearing in many an investment advice. Yes Virginia, the world has changed from a year ago. Tomorrow marks the first anniversary when Lehman Brothers became no more. Just as only ... |
| | | | ... Reserve Bank of Australia's next policy move. Speaking of which, there are also side bets about the size of the move. Yes Virginia, Australia is back to normal again. Financial markets are scouring every economic report coming their way to divine what ... |
| | | | ... of least resistance is to give in, raise the white flag and go on holiday. A self-fulfilling prophecy if you will. Yes Virginia, like you and I and most other living organisms - traders need a break from trading, speculators need a break from speculating ... |
| | | | ... soup of the coming recovery? Would the global economy's recovery take the shape of a V? Will it be a U or a W? My oh my Virginia, I'm getting tired and very ill with all these discussions. For me, a recovery is a recovery is a recovery. Last night, dear ... |
| | | | ... some by a lot more. But the overriding picture is one of sharp appreciation in almost all. So where do we go from here Virginia? Shall we pack up and cry because (sigh!) we've missed the boat? Shall we catch another boat? But which one? The Cash liner? ... |
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