Monday, February 18, 2008

Monday - Global view

US stock markets are closed today due to the Presidents' Day holiday. Nevertheless, the rest of the world's markets are open for business, and that being the case, I had some interesting links and stories to share with you.

First off, I'm reminded, by the comments in our recent, "Features of the week" post, of two noteworthy weekly roundup posts that you may want to check out.

Kent at The Financial Philosopher offers up the latest edition of his "Weekend Wisdom" series, while Prieur du Plessis at Investment Postcards weighs in with a week-in-review of the financial markets in, "Words from the (investment) wise...". You'll find a lot of market data and investment analysis here; be sure to check out that Jeremy Grantham interview in Barron's that Prieur has linked to in his post.

And now, on to the stories of the day. We've got a few articles for you which will offer a view of what's happening in the global financial markets, and clue us in on what to expect in the days and weeks ahead. Stocks, commodities, Sovereign wealth funds: you name it, we've got it all right here.

"The great Indian stock market tumble".

"Platinum trades above $2,1000 an ounce in London".

"Copper rises to four-month high in London".

"Stocks rise in Europe, Latin America; Credit Suisse, Vale climb".

Sovereign wealth funds: al-Thani of Qatar Investment Authority speaks to Bloomberg about his nation's investments in European and US financial shares, and new investments in Finland and Malaysia.

Fintag on the UK's move to nationalize Northern Rock.

"Asian markets finish mixed".

"Africa sees bull stock market in recent years".

That's all for now. Tune in tomorrow for more on the markets, and later this week we'll be taking a look at the factors that could push the US stock market higher or lower in the weeks and months ahead. See you then.

6 comments:

Anonymous said...

David,
on a market off day i watch movies. todays movie was boiler room. if you have seen set movie, would you care to comment on its validity and tell me if set movie truly depicts wall st or in this case long island.

David said...

Ha. All I know is that Seth was a rising star at JT Marlin thanks to his careful study of one Vin Diesel.

"It's a been pleasure doing business with you Dr. Jacobson."

DieL said...

http://www.cnbc.com/id/22947112/site/14081545

David said...

Ah, thank you very much for this CNBC Marc Faber clip. I was wondering where that CNBC link went.

Everyone, check this one out.

DieL said...

always thanks for the daily infos you provide. it's really useful and interesting to me. byeee. DL

David said...

Thanks for reading, and for the kind words!