Signs Of The Times
– Bill Gross to the Dow Jones, August 29, 2011
“Confidence Drops to Lowest Levels Since April 2009”
– Conference Board, August 30, 2011
In one month, the number plunged from 59.2 to 44.5 (no typo). The consensus estimate was 52.0.
“US Dept. of Energy devises security system to thwart rampant copper thefts.”
We don’t admire thieves, but in respect of market calls we hope they sold the copper forward. It may soon be too late.
“There is a good chance that the August 11th low was the final selling climax.”
– Business Insider, August 31, 2011
On September 9th, Prime Minister Harper addressed the Canadian troops that helped out in Libya with:
“A handful of soldiers is better than a mouthful of arguments. The Gadhafis of the world pay no attention to the force of argument. The only thing they get is the argument of force.”
WEDNESDAY, SEPTEMBER 14, 2011
PUBLISHED BY INSTITUTIONAL ADVISORS
The above is part of Pivotal Events that was
published for our subscribers September 7, 2011.