We pick up sword and shield, ready to fight for Goldman, after reading The Financial Times. The FT has devoted a whole page to Goldman bashing.
November 20th, 2009 | Bill Bonner | 8 comments | ContinuedArchive for Bill Bonner
Best-selling investment author Bill Bonner is the founder and president of Agora Publishing, one of the world's most successful consumer newsletter companies. Owner of both Fleet Street Publications and MoneyWeek magazine in the UK, he is also author of the free daily e-mail The Daily Reckoning.
Homebuilding Goes Down While Economy Gathers Strength
Meanwhile, the news two days ago was that homebuilding took a dive in October. Work began on 11% fewer houses than the month before.
November 20th, 2009 | Bill Bonner | 1 comment | Continued
49 Million People Went Hungry at Some Point in 2008
Meanwhile, we learn – in the same paper – that “Rising obesity will cost the USA $344 billion.”
November 19th, 2009 | Bill Bonner | 7 comments | Continued
US Economists Think China Should Raise the Value of Yuan
China is today’s big story. Throughout the world’s media there is much buzz and blather about the “romance”…the “historic relationship”…between the two titans.
November 19th, 2009 | Bill Bonner | 0 comments | Continued
A Bull Market in Gold and Gold Alone
If you bought gold when we first recommended it, ten years ago, you are in a very comfortable position. Gold sells for more than 4 times as much today. But what should you do now?
November 18th, 2009 | Bill Bonner | 3 comments | Continued
US Has Highest Unemployment Rate of All Major Economies
You give them more money, say, in unemployment assistance. Or, you give them a tax credit when they buy a new house. Or, you give companies a big tax break.
November 17th, 2009 | Bill Bonner | 3 comments | Continued
Big Drops in Stock Prices Are Always Followed by Bounces
A bounce of 50% of what was lost is not unusual. That’s what happened after the Crash of ‘29, for example. So, there’s nothing exceptional about what we’re seeing on Wall Street.
November 17th, 2009 | Bill Bonner | 1 comment | Continued
Gorbachev and the Most Complete Test in Economic History
Readers may know Mikhail Gorbachev as a fellow who advertises Louis Vuitton luggage. But before he made it big as a mannequin, he was the top man in the Soviet Union. It was not an easy job.
November 16th, 2009 | Bill Bonner | 6 comments | Continued
Should Foreigners Invest in Argentina?
“Much of the world is going through a downswing of the credit cycle. Argentina doesn’t have and didn’t have much credit. So it will be spared the big problems. But it sells farm produce to the rest of the world.
November 16th, 2009 | Bill Bonner | 0 comments | Continued
Obama Urged to Fix Airline Industry
On the surface of it, the idea is absurd. What does Obama know about airplanes? Who would want to fly in an airplane with Obama in the pilot seat?
November 16th, 2009 | Bill Bonner | 0 comments | Continued