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Have we seen the 2008 trading low?

MarketWatch  - The recovery will be led by China, India and other emerging markets, and profoundly reward those proactively positioned. Our goal — as investors and as members of the human race — is to get there in one piece while being kind to each other during the journey.

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Get out and spend

Financial Times - EU rules on budget deficits will have to be relaxed, but not all countries can afford to breach the limit of 3 per cent of GDP by much. Yields of 10-year Italian and Greek government bonds still trade more than 100 basis points above German ones. This highlights why [...]

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The hope that dare not speak its name

Guardian - Late on Tuesday, we will see Barack Obama step into the cold winds of Chicago to accept the presidency and release a brief shockwave of hope. But Democrats will only believe it when they see it.

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Mammon, The God Of Excess

Pravda by Gaither Stewart - The natural subject for this essay is Capitalism itself, in fact, the underlying subject of the whole essay quartet. However, since Capitalism is too vast to treat here, the god-devil image of Mammon is more accessible. For the very basis of Western society is the personification of a Weltanschauung, [...]

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