Cult Figures: August 2012 Outlook. PIMCO

  • "​The long-term history of inflation adjusted returns from stocks shows a persistent but recently fading 6.6% real return since 1912.
  • The legitimate question that market analysts, government forecasters and pension consultants should answer is how that return can be duplicated in the future.
  • Unfair though it may be, an investor should continue to expect an attempted inflationary solution in almost all developed economies over the next few years and even decades."

Big Gross, Founder

On the other hand... Felix Salmon: Questioning PIMCO's El-Erian. Reuters

The Meaning of China’s Economic Slowdown. The Diplomat

Economic policy in the hands of the few serves those few – just ask Adam Smith. Guardian

Adam Smith - Hulton Archive/Getty Images

(Adam Smith - Source: Hulton Archive/Getty Images)

Private Equity Industry Hits $3 Trillion in AssetsWSJ

Best Buy Founder Schulze Recruiting Executives For Buyout. Bloomberg

Consistent demand and high lease values in Vancouver's downtown office and retail property markets combined with low interest rates continue to fuel a sizzling investment market. In Vancouver, is building a better option? Vancouver Sun

Box and Dropbox Come of Age in Cloud Computing. Also follow funny 27 y/o founder @levieNYTimes

Sorkin: Suggestions for an Apple Shopping List. Dealbook

Hold that Facebook buy, son... Facebook 'likes' and adverts' value doubted. BBC

Stepping on StockTwits’ Toes, Twitter Rolls Out the Cashtag. AllThingsD

Pinetree Capital's Marshall Auerback: Top 5 Reasons Why Raising the Minimum Wage Is Good for You and MeNaked Capitalism

President Clinton to give prime-time Democratic convention speech. Christian Science Monitor

'The Match King' by Frank Paternoy. Jim Chanos' Recommended Read For Every Wall Streeter. Business Insider

Rio holds on to 51 percent stake in Ivanhoe. Reuters

BP hit from many angles. FT

GoldQuest bests gold-copper discovery drillhole with 258 Metres @ 4.5 g/t Au. Mineweb