Author: admin
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QE in perpetuity?
Could it be Japan all over again? Or Europe? Japan and the BoJ have been at it for nearly three decades and yet the economy and the deflationary forces at work (debt, demographics, globalization and technology inflections) haven’t budged at all. More recently we have seen the same thing in Europe where the ECB has…
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An earnings recession in the US on the cards
As David Rosenberg from Gluskin Sheff tweeted this morning: The earnings recession has started. At the end of Sept, the consensus was +6.7% for YoY EPS. By end-2018, that estimate was down to +3.3%. And now -0.8%, with six of the eleven sectors in negative terrain. — David Rosenberg (@EconguyRosie) February 11, 2019 It’s the…
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The current economic landscape – it ain’t pretty
The global economy is slowing markedly and rapidly. Not a day goes by that you see headlines about some major country or continent manifesting more and more indicators of a tired economy. From Japan to China, the UK to the rest of Europe, growth is slowing or already in recession as in the case of…
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A journey of a thousand miles begins with a single step – Lao Tzu
I’ve been thinking about starting a blog for years but for many reasons never got around to it. The idea behind the blog is to not only share my journey as an investor and as a student of markets with the world at large, but also to connect with and learn from others along the…