If you have knowledge about human behaviour and price action that others don’t this gives you a huge advantage in the markets.
February 22nd, 2012 | Dan Denning | 0 comments | ContinuedArchive for Dan Denning
Dan Denning is the author of 2005's best-selling The Bull Hunter (John Wiley & Sons). He began his financial publishing career in 1997 and has covered financial markets form Baltimore, Paris, London and, beginning in 2005 Melbourne. He’s the editor of The Daily Reckoning Australia and the Publisher of Port Phillip Publishing.
What the Greek Debt Crisis is Really About
What’s going on in Europe has nothing to do with solving the Greek debt crisis and everything to do with preserving a corrupt system based on limitless debt and growing government power. The sooner you understand that the sooner you’ll be able to prepare for what happens next.
February 21st, 2012 | Dan Denning | 12 comments | Continued
Why Iran Oil Works in China’s Favour
Oil is doing just fine at the moment, even with the drag of Europe and exports contracting in Japan. Brent crude crested $120 per barrel on Friday. One factor keeping oil prices high is the situation with Iran. The European Union has agreed to stop buying Iranian oil.
February 20th, 2012 | Dan Denning | 0 comments | Continued
China’s Credit Expansion Dilemma
China’s central planners have a massive social and economic challenge. They have engineered the largest internal migration in human history. This was only possible with a giant infusion of credit. Now the whole economic fabric of the China relies on continued credit expansion.
February 20th, 2012 | Dan Denning | 0 comments | Continued
The Oil Price: Warning of War?
One of the markets we meant to look at briefly yesterday was the oil market. It is preparing for war. But its preparations were disrupted yesterday by a trading “glitch”.
February 15th, 2012 | Dan Denning | 1 comment | Continued
That Fair Dinkum Bloke Barack Obama
President Barack Obama unveiled his 2013 budget yesterday. In it, he proposed raising the tax on dividend income from 15% to 39.6%, or the top marginal tax rate. In Australia, dividends are already taxed at the same rate as ordinary income. Obama is busy making America more like Australia.
February 14th, 2012 | Dan Denning | 6 comments | Continued
How the End of Double Digit Credit Growth Affects the Australian Economy
ANZ is shedding jobs. Manufacturers, retailers, and banks are all laying off employees. Is there a general conclusion you can reach from those specific observations? The answer is “yes”. The common thread to all these job layoffs is the end of double-digit credit expansion in the Australian economy.
February 14th, 2012 | Dan Denning | 4 comments | Continued
The Dark Side of Profitable Banks
The Reserve Bank of Australia (RBA) left the cash rate at 4.25% last week. But one by one, the Big Four banks are raising their rates anyway.
February 13th, 2012 | Dan Denning | 4 comments | Continued
The End of the Iron Ore Age
The golden age of iron ore profits is ending for Australia. Europe’s banking system is slowly going bust because of the government debt crisis. Europe is a big customer of China’s. China is a big customer of Australia’s.
February 8th, 2012 | Dan Denning | 0 comments | Continued
Why Australian Banks Make Lousy Investments Right Now
Moody’s has just released a report claiming that Australian banks are the “most exposed” banks in the Asia-Pacific to a worsening of Europe’s sovereign-debt problem. What exactly does that mean?
February 7th, 2012 | Dan Denning | 1 comment | Continued
What the RBA Index of Commodity Prices Doesn’t Tell You
A whole sector of the commodities complex that’s in a long-term bull market isn’t measured by the RBA’s commodity prices index. Do you realise what this means?
February 7th, 2012 | Dan Denning | 0 comments | Continued
Natural Gas: The Big Transition in Energy
Today we look at why energy is becoming a flash point in Europe and how natural gas is taking centre stage. First, though, we’d like to announce a changing of the guard in the leadership of the resources market.
February 6th, 2012 | Dan Denning | 1 comment | Continued
On the Edge of Evolution: An Investment Story in Three Acts
Today’s story is how the investment world you live in came to be…and how we’re on the edge of a great leap forward…or a great leap into a deep abyss. If you don’t have time to read it, go over to Facebook and tell everyone you’re too busy to read about the most important investment story of your life.
February 1st, 2012 | Dan Denning | 2 comments | Continued
What the Facebook IPO Says About Your Most Valuable Asset
Social networking site Facebook may go public this week. This is important. The fact that the company is ready to sell shares to the public and Wall Street is underwriting for the initial public offering (IPO) can only mean one thing: the age of superficial communication devoid of real content and real meaning may be peaking… as soon as tomorrow!
January 31st, 2012 | Dan Denning | 11 comments | Continued
The Energy Empire of the Sun
We take up the issue of national power and real energy in today’s Daily Reckoning. And we take it up because the fate of nations and the welfare of men and women are directly related to how much sunlight we all get. All power—from the stored solar energy in fossil fuels to the sunlight that makes food grow—comes from energy.
January 30th, 2012 | Dan Denning | 17 comments | Continued
