Russell Napier has written the book on bear markets. Specifically, the book is titled ‘Anatomy of the Bear: lessons from Wall Street’s four great bottoms’, and it comes highly recommended.
CEOs of Australia’s financial services industry believe that the cost and complexity of regulation is crippling productivity growth at a national and industry level according to the Financial Services Council-DST Global Solutions CEO Report, release
Wealth Manager Fleming Family & Partners (FF&P) has picked what it calls five winning and five losing strategies for 2013. Notably, the firm sees opportunities in US mortgaged-backed securities, emerging markets debt and gold.
We believe Wednesday’s Autumn Statement from UK Chancellor George Osborne leaves the UK on the right path, although with the economy stuck in the doldrums, a credit-rating downgrade remains a threat.