Archive - Oct 4, 2009 - Blog entry

Senators Schumer and Cornyn made it clear they support a big tax credit for home buyers. There is no stopping this train with these two on board. What might it mean?

Brazilian stocks rallied, along with the nation's currency, as investment prospects brighten on the news that Rio de Janeiro will host the 2016 Summer Olympics, making the Bovespa the world's best-performing major index last Friday.
Rising commodity prices this year have led investors to buy emerging market assets where the economies tend to be more commodity-dependent. Both emerging markets and industrial metals group are outperforming U.S. equities so far this year.

The news hasn't changed, but maybe the reaction to the news has. In the end, it is the same story as "the trend is your friend until it ends".

Keep an eye on what is going on in modern Greece, because I can assure you that it's a reflection of what is going on across the world. The level of angst is unprecedented and politicians better quit the rhetoric and start putting citizens first.

Experts say that the economy will not recover until trust is restored.

So how do we restore trust?