Money Matters

Stunned disbelief

Friday, 17 February 2012 Current Issue By Graham Macdonald
How can anyone have any faith at all in the so called ‘technocrats’ to resolve Europe’s problems?
Friday February 10 - February 16, 2012 (Vol. XX No. 6)

Advance Australia Fair?

Friday, 10 February 2012 Issue Vol. XX No. 6 By Graham Macdonald
Last year has fulfilled general expectations for the Australian Dollar and economy and for the global economy.
Friday February 3 - February 9, 2012 (Vol. XX No. 5)

Strategic Asset Allocation

Friday, 03 February 2012 Issue Vol. XX No. 5 By Graham Macdonald
We have just completed our annual review of our neutral strategic asset allocations and, basically, the executive summary is that we have increased our core fund’s neutral global equity exposure…
Friday January 27 - February 2, 2012 (Vol. XX No. 4)

A Greek Tragedy

Friday, 27 January 2012 Issue Vol. XX No. 4 By Graham Macdonald
Part 2 So what did the recent Euro summit achieve? It agreed that the EUR 400 billion or so borrowed to create the European Financial Stability Facility (EFSF) could be…
Friday January 20 - January 26, 2012 (Vol. XX No. 3)

A Greek Tragedy

Friday, 20 January 2012 Issue Vol. XX No. 3 By Graham Macdonald
Part 1 It all started in Athens. When Homo Erectus eventually became Homo Sapiens, the inhabited world of North Africa, the Middle East and finally Europe developed. In the West…
Friday January 13 - January 19, 2012 (Vol. XX No. 2)

IHT planning using protection products

Friday, 13 January 2012 Issue Vol. XX No. 2 By Graham Macdonald
For a start, let me explain that this particular piece is mainly aimed at Brits; however, it will also be of use to those of you whose law is based…
Friday January 6 - January 12, 2012 (Vol. XX No. 1)

Banana Republics, Part 2

Friday, 06 January 2012 Issue Vol. XX No. 1 By Graham Macdonald
Growing Gap, continued… Economic gains in the U.S. have been spread less equally in recent years as a result of factors including globalization, technological change, the decline of labor unions, changing…
Friday December 30 - January 5, 2012 (Vol. XIX No. 52)

Banana Republics, part 1

Friday, 30 December 2011 Issue Vol. XIX No. 52 By Graham Macdonald
The biggest single structural defect facing the US economy night now is the widening gap between rich and poor. This is forcing the alleged reformer - Barack Obama - to…
Friday December 23 - December 29, 2011 (Vol. XIX No. 51)

Why the Euro is where it is

Friday, 23 December 2011 Issue Vol. XIX No. 51 By Graham Macdonald
To all the readers of the Pattaya Mail, I would like to wish everyone a Merry Xmas and a Happy & Prosperous New Year.
Friday December 16 - December 22, 2011 (Vol. XIX No. 50)

Allocations within allocations

Friday, 16 December 2011 Issue Vol. XIX No. 50 By Graham Macdonald
A successful asset allocation strategy goes further than just allocating assets to broad asset classes. Allocation within these classes is also vitally important. Unfortunately this is not as simple as…
Friday December 9 - December 15, 2011 (Vol. XIX No. 49)

We’re forever blowing bubbles…

Friday, 09 December 2011 Issue Vol. XIX No. 49 By Graham Macdonald
A bubble is created when more money flows into an asset than is commercially or structurally feasible or sustainable.
Friday December 2 - December 8, 2011 (Vol. XIX No. 48)

Creative Destruction at Play

Friday, 02 December 2011 Issue Vol. XIX No. 48 By Graham Macdonald
The technology sector has come a long way since the heady market highs of 2000 and yet many investors still treat it with circumspection, thanks to the bursting of the…
Friday November 25 - December 1, 2011 (Vol. XIX No. 47)

China

Friday, 25 November 2011 Issue Vol. XIX No. 47 By Graham Macdonald
Some hard (for some people to swallow) facts on China today With less than 20% of the world’s population, China consumes: ... 53% of the world’s cement ... 48% of…
Friday November 18 - November 24, 2011 (Vol. XIX No. 46)

Is QE the Titanic?

Friday, 18 November 2011 Issue Vol. XIX No. 46 By Graham Macdonald
Indefinite stimulus cannot work - because it gets less and less effective each time, ultimately becoming counter-productive.
Friday November 11 - November 17, 2011 (Vol. XIX No. 45)

Hedge Funds

Friday, 11 November 2011 Issue Vol. XIX No. 45 By Graham Macdonald
Are hedge funds a separate asset class or a superior alpha generator within traditional asset classes? Or are they simply an expensive fee model for high frequency traders? This debate…
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