Shareholders Unite

11 Risks Threatening the World Economy

We did warn...
Stocks fall after weak auction of 10-year notes
finance.yahoo.com/news...=

Why We're Not Buying This Market

We did advise to buy earlier on and still have a buy on InterOil (which really is a no-brainer) :)

Why We're Not Buying This Market

Squares, we agree to a certain extent. The rally so far was justified, at 6500, a severe depression was priced in (we're not THAT pessimistic), but much more upside is not justified. Unless we really see much more fundamental improvement, we can't really see the rally get past 1000 on the S&P anytime soon. We do not think it's likely that we'll see that much fundamental improvement, for the reasons stated in the article. But we have no crystal ball..

Paul Krugman + Al Gore = The Way Forward

Anyone saying that Paul Krugman is a socialist is deliberately distorting the truth.

Those (in the political spectrum to the right of Atila the Hun) also deny climate change and the role their ideology played in creating the financial mess in the first place. Markets cannot function without proper regulation, if anything, that should be the lesson learned. Some, like Krugman, have said so way before the mess happened. Proper regulation reinforces the power of markets, it has nothing to do with socialism.

But some prefer to look the other way, sticking to stick to their fixed beliefs and textbook notions of how markets function. We largely thank them for the mess we're in. It's not time for them to point fingers and having cheap shots at people who actually foresaw what was going to happen

Path Dependency in the EU and U.S. Economies

It's not really that surprising. Some path-dependency perhaps, yes, but two factors are more important:
1) The EU financial system was not close to melt-down, like that in the US.
2) Real-wage resistance is generally much higher in Europe, which makes tackling inflation in it's early stages particularly important.