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Dead Cats Bouncing  
Musings on the markets. Analysis and interpretation of the latest global financial market trends and investment themes.

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Dec 8, 2009
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Dubai: Dust, Dunes and Debt...

Nov 26, 2009
<span style="font-family: Georgia, "Times New Roman", serif;">Any investor aware of the 50% collapse in top stallion stud fees this year (and the Dubai royal family has been among the biggest spenders in top-end horseracing) would have been forewarned...

Gold Rising on Insolvency Risk, not Inflation...

Nov 18, 2009
<span style="font-family: Georgia, "Times New Roman", serif;">In one way, gold's surge to $1150 simply reflects the tidal wave of excess liquidity that is lifting all asset prices from US junk bonds to the most obscure emerging market indices. That...

Healthcare Costs Devouring US Growth Prospects...

Nov 12, 2009
<span style="font-family: Georgia, "Times New Roman", serif;">Total annualized US domestic savings have fallen from their peak of $2.2 trillion dollars in the third quarter of 2006 to just $1.4 trillion on the latest Fed data. That represents a drop...

US Shale Gas Challenges Oil...

Nov 5, 2009
<span style="font-family: Georgia, "Times New Roman", serif;">There is only one energy source in the world right now with declining marginal production costs, soaring reserves and extraction rates, and compelling cost competitiveness with crude oil....


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