June 13, 2008
Interesting news: MacroMarkets is launching a housing ETF the price of which will tied to housing prices in ten major U.S. metropolitan areas. Of course, because of the way MacroMarkets engineers these things they can only fall 50%, so they...
I love these wonky discussions of "headline" and "core" inflation. The latter excludes inflation in food and energy, which are, of course, the things whose current price increases piss people off more than anything else. With that in mind, my...
While frontier markets in Africa are not yet the new Brazil, let alone the new South Korea, there are ample reasons to be optimistic about the economic resurgence in many African countries. Consider: The number of armed conflicts in Africa...
