Just in time for Easter, Standard and Poor’s served up a rotten egg on the United States.
They cut the US sovereign debt outlook to negative. At first I almost laughed at the irony. S&P was one of th...
If you reviewed the headlines in the first quarter, “Earthquake, Tsunami and Nuclear Meltdown in Japan”, “Turmoil in Middle East and North Africa” and “106 Dollar Oil”, you would have expected frighte...
The earthquake and tsunami in Japan is one of the greatest human tragedies of our lifetimes and our thoughts and prayers are with the people of Japan. It is difficult to accurately evaluate the comple...
Most people idolise great athletes or exceptional artists. We all can probably appreciate LeBron James' prowess on the basketball court or John Mayer's exceptional talent at writing and singing songs....
First there was Tunisia, then Egypt, then Bahrain. Now Libya is being roiled with conflict. Middle East tensions continue to spread and the contagion has many worried. Why are we seeing all these revo...
The stock market charge continues. The S&P 500 has now doubled from its lows set in March of 2009 and we have witnessed the biggest stock-market rally since 1936.
The recent quarter also looks very e...
The hospitality industry in Bermuda has been a prominent subject in the local news lately. The recent foreclosure on the Belmont/Newstead Resort and the “special development order” issued for Tucker’s...
The major geopolitical story this week continues to be Egypt. Egypt may be the canary in the coal mine for the emerging markets.
Although Egypt grew four to six percent per year over the last several ...
In “My Top Ten Surprises for 2011” (January 10, 2011) article I said: “The yen begins to reach its ‘Keynesian end-game’. International investors realise they need a risk premium to invest in a country...
In 2008 food prices soared resulting in significant unrest throughout the world. People seem to be able to put up with corruption, nepotism and cruel laws but when they can't eat things get ugly.
Curr...
