SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Tommaso who wrote (34174)7/25/2005 4:24:57 PM
From: mishedlo  Read Replies (1) | Respond to of 116555
 
The trend in San Diego
elliott-wave-forum.com



To: Tommaso who wrote (34174)8/7/2005 2:53:21 AM
From: Thomas M.  Read Replies (2) | Respond to of 116555
 
Have you (or anyone) heard Jimmy Rogers' comments on bonds lately? Not his general opinion on the US Dollar or inflation, but what he is actually doing in the bond market.

Tom



To: Tommaso who wrote (34174)8/25/2005 9:25:20 PM
From: Haim R. Branisteanu  Respond to of 116555
 
Asian bird flu outbreak 'could trigger 1930s-style collapse'
By Malcolm Moore (Filed: 26/08/2005)
telegraph.co.uk
An outbreak of Asian bird flu, which experts said yesterday is bound to hit the UK, could trigger an economic collapse similar to the Great Depression of the 1930s, two financial analysts warned yesterday.

In a lengthy research report titled An Investor's Guide to Avian Flu, Sherry Cooper and Donald Coxe warn that the food, tourism and insurance industries could be devastated in a relatively short time.

c
Lee Jong-wook: millions and millions of deaths

The two analysts, who work for BMO Nesbitt Burns, a Canadian bank, said: "The combination of collapsing demand from China and India and the likelihood of a collapse in demand for housing and cars in the OECD nations would mean prices of base metals and steel would plunge." They also said companies would be hit by panicking staff and that "rates of both absenteeism and death would be sharply higher than should be necessary".

Yesterday, the World Health Organisation said it was stepping up its fight against bird flu by securing enough doses of the Tamiflu anti-viral agent to treat 3m people.

"If it hits, and we are unprepared, there will be millions and millions of deaths," warned Lee Jong-wook, the head of the WHO.

The risk of an outbreak has risen since the virus spread into Russia, although it has yet to be passed from human to human. Asian bird flu has killed 50 people since 2003, and forced millions of poultry to be slaughtered.

The two analysts said that the world would be better placed to deal with a new epidemic, since the internet could allow people to shop from the safety of their homes. They warned not to invest in IT shares though, because most IT companies rely on the Far East for their components.