Yes, that’s right, ZIRP. Never heard of it? Well, get used to the slightly unpleasant sound of this acronym, because there is every likelihood that you will hear it ad nauseam over the next year or more. Worse, if you are retired and trying to live off the income deriving from your investments, it could inflict serious damage on you. […]

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Siren Songs

First and foremost, I am delighted to bring to the attention of regular readers (and anyone with nothing better to do) that I have launched an English-language blog within the Jerusalem Post Blogs Central framework; the address is http://cgis.jpost.com/Blogs/landau/. My Hebrew-language blog runs at  www.ifo.co.il. Meanwhile, given the non-stop action in the markets and the non-stop bad news about the […]

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The Jury is Out

It looks as if the expectation expressed here last week, that the phenomenal financial meltdown of 2008 would run its course before the end of October, is actually occurring. However, any hope that the massacre would quietly peter out was in vain; on the contrary, the final accord was in line with the overall theme, in that it saw another […]

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