Wednesday, February 16, 2011

Kick the can down the road, as far as it will go, buy as much time as possible!

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.
.
.

No comments: