A combination of declining home prices, rising food and energy prices and persistantly high levels of unemployment will continue to weigh down on the economic recovery.
Monday, February 28, 2011
Home prices in the U.S. will continue to face headwinds as the 30 year fixed rate mortgage rate continues to climb despite the FED's best efforts in QE2.
Saturday, February 26, 2011
Some call it the Bernanke effect, some blame the BRIC nations, while others blame rising soft commodity prices on the weakening USD.
JIM ROGERS clearly has been spot on as far as the boom in soft commodities goes. Food inflation is making headlines again!
Clearly some of the commodities may be rather overpriced at the moment. Meanwhile speculators and commodity hedge funds continue to build positions in this rather overbought sector. Caveat emptor - Watch this space!
Source : Commodity Prices / Quotes & Commodity Charts - Free - A fantastic site for commodity charts.
Thursday, February 24, 2011
Wednesday, February 16, 2011
As the ongoing bull run in the equity markets continues, I thought that it was appropriate to post some charts from Breakfast with Dave - 18th Jan, 2011.
Complacency and exuberance and ''bullishness'' is blinding speculators and investors to the many structural problems of today's global economy.
Job creation and food security ( in both the developed world and emerging markets) are going to be crucial issues going forward, and unfortunately the ongoing policies of governments worldwide are continuing to fuel asset price inflation and stock market rallies rather than addressing the real problems we have at hand.