Its rough out there

are you an economist?

what will it look like at year end?

problems persists….

gimme more of those 0% yielding bonds

Spain .. Nice this time of the year

Source: Time. Valencia needs to spend close to $1 million a year simply to maintain the City of Arts and Sciences. That will be difficult for a local government that has to raise 500 million euros through the sale of short-term bonds at rates higher than Greece.

fragile Europe

austerity .. please can we have less

there’s hope here

Source: Time, Queens Jubilee

ALSI long term

what if this becomes the norm?

ALSI

how does one create gains here?

worse here

and here

Despite PE’s

a dichotomy in SA

as sweet as a PE of 7

worried about everything

Source: the economist

back to basics

thank you