When it comes to the stock market you’re usually right until you’re wrong. Winning streaks are rare. But Slipstream Trader Murray Dawes has been on fire recently. Murray’s been persistently bearish, even as each false rally has sucked more investors in. He’s been calling this downdraft correctly for months.
November 24th, 2011 | The Daily Reckoning | 2 comments | ContinuedArchive for The Daily Reckoning
The Daily Reckoning offers an independent and critical perspective on the Australian and global investment markets. Slightly offbeat and far from institutional, The Daily Reckoning delivers you straight-forward, humorous, and useful investment insights from a world wide network of analysts, contrarians, and successful investors. Founded in 1999, The Daily Reckoning is published in 7 countries with a worldwide readership of almost 1 million people.
Hyperinflation and Double-Dip Recession Ahead
“The US is really in the worst condition of any major economy or country in the world,” says ShadowStats Editor John Williams. In the following interview with The Gold Report, John concludes the nation is in the midst of a multiple-dip recession and headed for hyperinflation.
May 9th, 2011 | The Daily Reckoning | 1 comment | Continued
Getting Outta Dodge
Were I without family ties, I might consider expatriating to one of the quiet, out-of-the-way towns in Central- or South America that I drove my VW bus through in 1977-1978. Spending a year and a half living life at a slower pace and speaking in a second language was world view- opening for this California born American.
January 5th, 2011 | The Daily Reckoning | 21 comments | Continued
Opportunity in Ecuador
My name is Ronan McMahon. I’m a real estate investor. I specialize in hunting down real estate in the world’s emerging economies. But right now, I’m looking at opportunities in three distressed markets: Ecuador, Ireland and Nicaragua.Bill Bonner is joining me in an acquisition in Ecuador.
October 12th, 2010 | The Daily Reckoning | 1 comment | Continued
The Four Pillars of Successful Real Estate Investing
One of my hottest locations for real estate opportunities right now is Fortaleza, on Brazil’s northeast coast. I identified two strategies at play when I first scouted this city more than two years ago, and they still hold true today.
October 8th, 2010 | The Daily Reckoning | 2 comments | Continued
The Newspeak of Paul Krugman – Destruction is Creation
In his September 28 New York Times blog post, Paul Krugman announced that “economics is not a morality play.” That turn of phrase is his way of defending the idea that in unusual times, such as the sort of deep recession we are in, we can get strange relationships between economic cause and effect.
October 6th, 2010 | The Daily Reckoning | 7 comments | Continued
Dialing for Dollars
With the market volatility and poor economic data ruling the market in the last few months, it’s no surprise that many investors see this part of 2010 as a time to flee the scariness of stocks for more stable assets. But they’re dead wrong…Many industries are starting to become oversold once again, and opportunities abound for value investors in 2010.
September 3rd, 2010 | The Daily Reckoning | 0 comments | Continued
Will the Real Inflation Rate Please Stand Up
In China – now the world’s largest energy consumer according to the International Energy Agency – most of the power comes from coal (about 65%). The rest comes from a combination of renewables, geothermal, nuclear, gas, oil and hyrdo electricity. When you’re the world’s largest consumer of energy, every little bit helps. But how about a look in pictures to literally change your perspective? The chart below shows the world in terms of nuclear energy generated for domestic electricity consumption…
July 21st, 2010 | The Daily Reckoning | 15 comments | Continued
Apology to Christopher Joye and Rismark International
During 2009 and 2010, Daily Reckoning, Money Morning and Money Weekend published a number of articles relating to Mr. Christopher Joye and Rismark International. Those articles contained significant factual errors and criticism of Mr Joye that was false and baseless…
June 18th, 2010 | The Daily Reckoning | Comments Off | Continued
Plan to Survive 2009
Editor’s Note: In today’s essay space, we bring you comments from fellow Daily Reckoning readers on how they will survive and prosper 2009. Inflation, deflation, depression, recession, there is a plan for all seasons!
April 23rd, 2009 | The Daily Reckoning | 10 comments | Continued
Recovery for the Real Estate Market
Sure, we’re not out of the woods yet, not by any stretch of the imagination. But facts are facts, and the recent market action bears that out: We’re moving in the right direction… especially in one of the most important sectors – real estate.
April 9th, 2009 | The Daily Reckoning | 8 comments | Continued
The Law of Supply and Demand is Not Dependant Upon Congress
For us, it applies heavily to the advances of government into the field of business. It only makes sense: the occupants of the White House and the Capitol have done such a good job with their budgets over the years, they just want to help everyone else (over the cliff, that is).
April 2nd, 2009 | The Daily Reckoning | 1 comment | Continued
The Threat of Hyper-Depression
At this stage nothing is certain, but the country is currently headed straight into a period of very rapid price hikes and a very bad recession. It would not surprise me at all if the national unemployment rate and the annualized rate of consumer price inflation both broke through into double digits by the end of 2009.
March 26th, 2009 | The Daily Reckoning | 4 comments | Continued
Downsizing America
For the past couple of years, I have been giving a speech at conferences titled Downsizing America. It discusses a fact of life: America’s economy is getting a little smaller. This “shrinkage” is likely to be a secular – as opposed to cyclical – set of changes.
March 25th, 2009 | The Daily Reckoning | 1 comment | Continued
The Collapse of 2009
Because most people don’t live and shop on Wall Street, the “Panic of ’08″ was viewed by Main Street as if from afar – even though many were losing money. But when commercial real estate crashes it will hit much closer to home. The depressive atmosphere of thinly shopped, half- vacant malls will strike emotional chords and all the senses.
March 20th, 2009 | The Daily Reckoning | 5 comments | Continued
