Investment Thoughts

Investment Office

Selecting relevant market observations

Investment Thoughts

Macro Observations

Investment Thoughts

Non-Linear Observations on Financial Markets and the Economy

articles 381-390 / 673		«	page 39 of 68	»

Shipping Trade on September 2008

WSJ, 03.09.2012

Ubiquity, Complexity Theory, and Sandpiles

When things are unstable, it isn’t the last grain of sand that causes the pile to collapse or the slight breeze that causes the ruler on your fingertip to fall. Those are the "proximate" causes. They’re the closest reasons at hand for the collapse. The real reason, though, is the "remote" cause, the farthest reason. The farthest reason is the underlying instability of the system itself.
How Change Happens , John Mauldin, August 17, 2012

The SNB running amok !

60 years after Orson Welles' famous quote on Switzerland and the cuckoo clock, the Swiss National Bank might just be re-writing history with a creation of its very own: the "all you can eat" EUR pegg !

"Japanification"

Although deflationary winds are a risk in the developed world, they have yet to become embedded in expectations.
PIMCO, Viewpoints, August 2012 , Scott A. Mather

War and Peace: a tale of two economies

Nominal and real return on assets classes for Japan and Switzerland over the past 100 years.
Investments Office , Ronald Weber

Destroyed in Seconds

To my knowledge, there has NEVER before been a case (except in war or natural disaster) when a legitimate business has been destroyed so quickly — as what Knight Capital Group (KCG) experienced.
Daily Speculations, August 3, 2012 , Rocky Humbert

Is the Juggernaut Losing Steam?

What happens when a central bank becomes insolvent.
Mao Money, Mao Problems, August 2012 , Matt Dale

"Have a Break, have a ...National Currency: When do Monetary Unions Fall Apart?" and "Checking Out: Exits from Currency Unions"

In light of the current Euro crisis, we introduce two academic studies on the topic of currency unions and dissolutions in recent history. Althoug the countries mentioned are not comparable to Spain or Greece today, the authors do make some interesting observations.
Andrew Rose, Volker Nitsch, Working Papers, 2007 and 2004

The Nort Dakota and Montana Oil Boom

With 15 million barrels per month, the Bakken oil boom dwarfs previous oil production expansions in Montana and North Dakota.
The Federal Reserve Bank of Minneapolis, June 2012 , Data on Demographic, Economic and Financial Activity in the Bakken

Bearish Observations from a Leading Value Fund Manager

"We have a tendency to be appropriately fearful, when we have cause, but usually too early."
FPA Crescent Fund, Quarterly Commentary, 2nd Quarter, June 30, 2012 , Steven Romick, July 18, 2012