World Economy: The Only Certainty is Uncertainty!

By: Ian Campbell | Thu, Jan 24, 2013
Print Email

In a a recent article titled Companies Prepare for Future that Can't Be Predicted, subtitled 'A Generation of Uncertainty' discusses the question of economic uncertainty on a number of levels. Relying primarily on interviews with senior German CEO's, the authors suggest that:

To the extent world and country specific economic uncertainty today is greater than it was at least perceived to be pre-2008, that means:

Interestingly, the authors of the referenced article take a serious 'shot at the bows' of economic analysts, who they say:

If you read this Newsletter regularly, you will know I continue to believe that most 'technically trained economists' seem to believe they can use historic economic data to predict what will happen economically going forward. This, in what I think to be to borrow a phrase 'a brave new world', where I don't believe such an approach currently makes sense.

Companies Prepare for Future that Can't Be Predicted is one article I recommend you take the time to read and think about.

Topical Reference: Companies Prepare for Future that Can't Be Predicted, from Spiegel Online, Dietmar Hawranek, Martin Hesse and Alexander Jung, December 31, 2012 - reading time 4 minutes

 


 

Ian Campbell

Author: Ian Campbell

Ian R. Campbell, FCA, FCBV
Economic Straight Talk

Through the Economic Straight Talk Newsletter Ian R. Campbell shares his perspective on the world economy, the financial markets, and natural resources. A recognized business valuation authority, he founded Toronto based Campbell Valuation Partners (1976), Stock Research Portal (2007) a source of resource companies market data and analytic tools, and Economic Straight Talk (2012). The CICBV* annually funds business valuation research in his name**. Contact him at icampbell@srddi.com.
* Canadian Institute of Chartered Business Valuators
** through The Ian R. Campbell Research Initiative

The full version of The Economic Straight Talk Newsletter is published each trading day. To get your Free 14-day trial subscription, visit economicstraighttalk.com. No obligation or credit card required.

Informed Investors are Successful Investors

Comments and opinions expressed in these commentaries are those of the authors. They do not constitute individualized investment advice, are provided "as is", may change without prior notice, and are used at your own risk. The information and content provided or referenced may be incomplete, inexact, or incorrect. Your use of these commentaries is subject to the Economic Straight Talk Terms of Use and Legal Disclaimer

Copyright © 2011-2013, Stock Research DD Inc., all rights reserved

All Images, XHTML Renderings, and Source Code Copyright © Safehaven.com

SEARCH





TRUE MONEY SUPPLY

Source: The Contrarian Take http://blogs.forbes.com/michaelpollaro/
austrian-money-supply/