Is it me or is there a growing supply of video feed available gratis on the strategic and tactical investment topics du jour? In any case, the Russia Forum 2010 from last week offers some intriguing commentary by Marc Faber, Nassim Taleb and others (hat tip to Mebane Faber). Faber’s set-up question: How would you invest $100 million today for the next 12 months?
Daily Archives: February 12, 2010
RETAIL SALES & EASY GAINS
Today’s update on retail sales for January shows that the annual change in consumer spending has returned to pre-crisis levels in terms of 12-month rolling changes. In fact, the 4.7% increase in retail sales over its year-ago level as of last month is quite a bit better compared with the trend in early 2008. But like so many other measures of economic and financial activity, the return to levels that pre-date that financial crisis that swept through the markets and the global economy starting in September 2008 is only half the battle, and arguably the lesser part.
HISTORY LESSONS ON DEBT, DEFAULT & INFLATION
The Wall Street Journal today has an interesting look at the troubles associated with red ink. Among the resources cited is new research from Morgan Stanley with a clever title that asks: The Return of Debtflation?