‘What's Terry Reading’ Archives
Two Different Approaches, Same Results »
By Rick Pendergraft Just a few days ago, Karim Rahemtulla, one of my counterparts at Mt. Vernon Research, stopped by our office in Delray Beach, FL to say hello. I think he was only looking for some chocolate, but, as is often the case when two traders get together, the conversation turned to the market. It turns out we were both trading the S&P [...]
Futuristic Leaders »
There is a big difference between routine, run-of-the-mill leadership and futuristic, out-front leadership. Leadership is not a job title. Leaders routinely hold executive positions, but routine leaders rarely renew their organizations to attain fresh success in an ever-changing world. Routine leaders tend to manage the status quo, and thus fall [...]
Stagflation. What Is It »
Stagflation is an economic situation in which inflation and economic stagnation occur simultaneously and remain unchecked for a period of time. The portmanteau "stagflation" is generally attributed to British politician Iain Macleod, who coined the term in a speech to Parliament in 1965. The concept is notable partly because, in postwar [...]
Reading Between the Headlines »
It's All in Your Interpretation By Eric Daniels EWI Instructor Have you ever read that ominous headline, “Home prices fall 15.8% in the past year: Case-Shiller”? How about, “Home sales, prices plunge in August”? You have read these headlines the same as I have, but the question remains… what does this mean to me as an [...]
House prices start to bounce back »
House prices in Auckland and nationally are up and agents say a rosier picture of the market is finally beginning to emerge. Auckland prices rose from a median $420,000 in September to $433,000 last month and the national median nudged up from $330,000 to $335,000. Real Estate Institute figures out yesterday showed price rises in five [...]
Boom about to happen? »
I read the following article in todays Herald. This kind of news is exciting if you are an investor. The amazing thing is that in a city with 1.4 million people we only have 34 developments under construction. That is amazing and spells an upcoming shortage of space. "quote" Herald Downturn puts a stop to projects 4:00AM Wednesday Dec 03, [...]
Federal Reserve Policies in the Financial Crisis »
Speech Chairman Ben S. Bernanke At the Greater Austin Chamber of Commerce, Austin, Texas December 1, 2008 Federal Reserve Policies in the Financial Crisis It is a privilege for me to be here in Texas, and I would like to thank the Austin Chamber for hosting this luncheon. The Texas economy is strong and diversified, accounting for more than a [...]
Do what you do »
by Clayton Coplestone | Thursday, 4 December 2008 It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you'll do things differently. Warren Buffett How to bake a catastrophe cake: first, prepare the base with poor advice, sprinkle in some inexperience, opportunism and greed. Add a healthy pinch of [...]
What have we learned – and what do we do now? »
by Tim Farrelly | Monday, 28 April 2008 The past quarter's wild markets have really reinforced the key messages that farrelly's has been emphasising over the past few years. So what are the sensible courses of action for clients now? What have we learned? 1. When assets are overpriced, just don’t buy This should be rule number one for [...]
5 key trends in financial markets »
by Gabriel Lacroix | Friday, 25 April 2008 In its Mapping Global Capital Markets: Fourth Annual Report, global consultancy McKinsey & Company identifies five trends that will influence the world's financial markets long after the present bout of turbulence ends. McKinsey's analysis is based on financial market data over the 26 years to 31 [...]
