Ringing the Bell Archives
Fannie Mae
Freddie Mac and US Mortgage Debt
15 July 2008
The Financial Tsunami which began in August 2007 in the relatively
small "sub-prime" high risk US mortgage securitization market, far from
being over, is only gathering momentum.
Banks'
credit crisis solutions have echoes of 1929 Depression
1 June 2008
As banks look to shore up their balance sheets in the wake of the
credit squeeze, Philip Aldrick asks whether it is all short-term
trickery
'Doom and
Gloom' has just begun
7 March 2008
Bearish newsletter editor finds little cheer in most assets
The Rand
is vulnerable to deteriorating sentiment
21 January 2008
Why there is a real risk of currency weakness in the next few years.
Rand to fall in 2008, risk chart shows
15 December 2007
Traders more bearish on the rand than any of the 16 most-active currencies tracked by Bloomberg.
How the government creates jobs
22 November 2007
"Our government "prints up jobs out of thin air" the same way the
Federal Reserve prints up money. "
In bull markets the crash is
always at the end
16 September 2007
This equity bull market is mature...
Dollar in free-fall as jobs data fuels market jitters
09 September 2007
The dollar slid to a 15-year low against major currencies...
Credit Suisse cuts SA stocks to 'underweight'
12 July 2007
The investment house says share prices have risen too high ...
Parting shot – Watch
out for White Ants
30 June 2007
Jack Mitchell from Allan Gray takes a look at the current state of
markets...
Higher rates
for savers please
02 May 2007
The way to stop mad spending and encourage nest eggs.
Strong rand ‘good news’ for commodity stocks
30 April 2007
Cadiz-African Harvest’s Peter Major says currency
strength merely whets his appetite for commodity exporters.
Cees Bruggemans:
Chief economist, FNB
15 February 2007
Moneyweb Interview
Ian Liddle: Market
commentator, Allan Gray
15 Febuary 2007
Moneyweb Interview
Fraters money’s where its
mouth is — in cold cash
4 February 2007
It is not often in the world of investment that someone admits to
being entirely bearish about the stock market.
Having a Ball like
there’s no Tomorrow
22 May 2005
The momentum might be too powerful to be checked – the economy
could surprise us by remaining strong for longer than expected
instead of cooling off after last year’s spurt.
Conundrums
20 May 2005
The U.S. and global financial systems are dysfunctional, and
continuing to accommodate financial excess will end in tears.
Africa set to weather
global slowdown
8 May 2005
Recent news on Africa’s economic performance has been favourable.
The International Monetary Fund (IMF) estimates 2004 growth at 5.1%.
South Africa is also in the midst of a cyclical upturn, benefiting
in part from the aggressive interest rate cuts made possible by rand
strength.
Growing Joblessness
and Inflation erode U.S. Sense of Prosperity
1 May 2005
In the 1970s. soaring prices of oil and other commodities led
to stagflation – a combination of high inflation and high
unemployment, which left no good policy options. If the US Federal
Reserve cut interest rates to create jobs, it risked causing an
inflationary spiral; if it raised rates to bring inflation down, it
would further increase unemployment. Can it happen again?
Prudence Needed on
Pricey JSE
1 May 2005
It is one of those ugly times when professional investors are
battling to find opportunities in financial markets.
Turbulent Waters Call
for Careful Steering
10 April 2005
China, benefactor of the world economy over the past three years,
is becoming a real threat to global financial markets. China uses
one third of the world’s industrial commodities production and also
accounts for more than a third of the increase in global oil
consumption.
ALLAN GRAY UNIT TRUST
MANAGEMENT LIMITED – Annual Report 2004
3 April 2005
Commencing with western stockmarkets, our perspective remains
that the bull market that persisted for two decades climaxed around
the millennium. Given the record levels of speculation which
accompanied the peak, read together with historic events of this
magnitude, it would be unusual for the stockmarket to set a new
meaningful high, in real terms, for say the next quarter of a
century.