Archive for April, 2009

  • Swine Flu: Economic Implications

    The virus responsible for this outbreak of swine flu belongs to the type A, which comprises four main strains: H1N1, H1N2, H3N2 e H3N1. Most of the cases detected so far have been affected by the H1N1 type. H1N1 is the same strain that causes...

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  • Inflation/Deflation

    Over the next decade, the critical element in any investment portfolio will be the correct call regarding inflation or its antipode, deflation. Despite near term deflation risks, the overwhelming consensus view is that “sooner or later” inflation will inevitably return, probably with great momentum. This...

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  • Mean ignorant monkeys vs median jumping clowns

    Occasionally a bored business publication, goes to the zoo, rents a monkey and pits him or her against a mutual fund manager.  Lo and behold the monkey who doesn’t know a beta from a bunghole beats a significant majority of the active managers.  Barron’s should...

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