Saturday, July 25, 2009
Site Seeing Tour: Investment Postcards From Cape Town
I'm looking forward to getting back to Cape Town in August; it's been a few years and lots has happened since then. Note (chart above; EZA) how stocks were cut by about two-thirds in the bear decline and have come close to doubling since that time.
One particular treat will be getting together with Prieur du Plessis, author of the Investment Postcards blog. It's an excellent site that covers markets and economic developments, with an international perspective.
Here are a few recent posts worth a look:
* A sobering view of stock earnings in the U.S.;
* World economic updates show a tentative recovery;
* Video perspectives on the recent stock market strength.