October 2009
October 19, 2009 –
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RELATED TICKERS: MON
, POT
"A record 1 billion people worldwide are hungry and a new report says the number will increase… The U.N. Food and Agriculture Organization (FAO) "says global food output will have to increase by 70 percent to feed a projected population of 9.1 billion in 2050". [more]
October 19, 2009 –
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RELATED TICKERS: XRT
From the late1990's through 2008 there was a massive increase in debt taken on by US consumers which added roughly $2.8T of unsustainable funds to the economy. Now at some point the savings rate must return to positive territory and the recent economic recession combined with high unemployment should drive a large-scale deleveraging among consumers. The question is not if the correction will happen, but how rapidly this adjustment will take place. [more]
October 07, 2009 –
I think the time to get out of stocks is upon us - most economists seem to be in agreement that the recent stock market frenzy does not align with underlying fundamentals. Why not get out now, wait a quarter or two for a correction and then get back in? [more]
October 02, 2009 –
Some interesting insights from Simon Johnson of MIT about the state of the world economic situation. I think he is a bit extreme in his position overall but I am in total agreement with the third paragraph where he expects the US to suffer a Japan-style lost decade. [more]