With Halloween just around the corner, it is fitting that today’s headline on CNN.com was “Stocks Headed for a Bloodbath.” Not exactly what you want to see first thing in the morning, but at least it doesn’t keep you guessing.
October 27th, 2008 | Kate Incontrera | 1 comment | ContinuedArchive for Kate Incontrera
Kate Incontrera is the managing editor of The Daily Reckoning. She is also the author of The Daily Reckoning's Weekend Edition, a weekly wrap-up of contrarian investment analysis.
Seventh Biggest Drop in Wall St History
The mood was bleak on Wall Street at the closing bell yesterday, with stocks looking at the seventh-biggest drop in history, falling 514 points. A litany of data showed that neither Wall Street, nor the global economy, was anywhere in the vicinity of the road to recovery…
October 24th, 2008 | Kate Incontrera | 1 comment | Continued
Themes from Day 1 at the Agora Financial Investment Symposium
Yesterday was the first day of speeches at the Agora Financial Investment Symposium. We heard from quite a few DR familiar faces…
July 24th, 2008 | Kate Incontrera | 0 comments | Continued
Millions of Zimbabweans Face Starvation due to Nationalisation caused by Hyperinflation
As Milton Friedman once said, “If you let the government run the Sahara Desert, soon there will be a shortage of sand.”
July 24th, 2008 | Kate Incontrera | 5 comments | Continued
Fannie and Freddie Say Goodbye to Veto
The big news this morning is that President Bush has dropped his threat of a veto for the housing bill that will bail both Fannie Mae and Freddie Mac out…
July 24th, 2008 | Kate Incontrera | 1 comment | Continued
We Are Facing a Global Oil Crunch
It’s no secret that we are facing a global oil crunch – and increased oil production is not the answer, the Australian DR’s Dan Denning tells us…
July 23rd, 2008 | Kate Incontrera | 0 comments | Continued
1 Out of 10 American Mortgages Are Owned by Other Countries
The dark twins of the mortgage market have foreign investors nervously chewing their fingernails, as one out of 10 American mortgages are…
July 22nd, 2008 | Kate Incontrera | 0 comments | Continued
A Word About the Dollar’s Decline from Our Intrepid Correspondent, Byron King:
There are lots of reasons for the dollar’s decline. No. 1 is chronic deficit spending by the federal government. And No. 2 is chronic trade deficits that have flooded…
July 22nd, 2008 | Kate Incontrera | 0 comments | Continued
Dealing with Future Economic Problems Today
We had the opportunity to interview Mr. Volcker for I.O.U.S.A. We met the economic bigwig, who is most famous for fighting the inflation of the 1970’s and 1980’s…
April 10th, 2008 | Kate Incontrera | 1 comment | Continued
The Stinging Reproach of a Former Fed Chairman
Alan Greenspan has been popping up all over the press lately – after 18 years of Greenspeak, it looks like the former Fed chief wants to set the record straight…
April 10th, 2008 | Kate Incontrera | 3 comments | Continued