Happy Black Friday.
Since I haven’t posted in a while, have a lot of links here. The ones to note are on retail sales in the US, economic figures in Europe and the links on China. But there are a lot of links from all over. On Europe, looking at the numbers all together, I see more weakness than when I saw them in isolation. I am still cautiously optimistic. But the data are weak. As usual, links do not equal endorsement.
Global shares near 6-year high, euro firm after inflation rebound | Reuters
"Nikkei posts best Nov since 2005, yen slumps to 5-yr low vs euro"
Tokyo Shares Hit 6-Year High - WSJ.com
Howard Marks: We're Not at Bubble-Type Highs - Barrons.com
Newly Reformed Bull Hugh Hendry's Eclectica Flattish In October
German watchdog starts probe into gold price-fixing:...
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Edward Harrison is the founder of Credit Writedowns and a former career diplomat, investment banker and technology executive with over twenty five years of business experience. He has also been a regular economic and financial commentator in print and on television for the past decade. He speaks six languages and reads another five, skills he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College.