In yesterday’s article on Europe’s fiscal integration we managed to ruffle a few feathers of those (presumably from) the English island. We’ve taken the liberty of reprinting some of their comments. First let’s start with a nice (warm) beer… then let’s talk money.
December 13th, 2011 | Dan Denning | 3 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.
Which Stock Investment Decisions Will You Make in a Credit Depression?
What stock investment decisions should you make when you recognise: government debt is no longer risk free, bank failures resulting from bond defaults by governments will feed asset deflation and lower stock prices and real money is better than unsound money.
December 12th, 2011 | Dan Denning | 0 comments | Continued
Why Europe’s Fiscal Integration Still Spells Financial Doom
Financial markets will tell you whether private investors believe greater “fiscal integration” is the long-term answer to Europe’s debt problem. We can save you the trouble and tell you the answer now: Europe is still doomed.
December 12th, 2011 | Dan Denning | 5 comments | Continued
Energy, Resources and Real Asset Investing
Basic economics of scarcity, supply and demand, and investment demand won’t be less important in supporting commodities. But in a world of collapsing financial asset values, tangible assets are about to become the hotly contested objects of a great global strategic game.
December 9th, 2011 | Dan Denning | 1 comment | Continued
Free Trade and The Wisdom of Alien Ferns
I suppose if I had to put it to you philosophically, I’d say that trade forces us to make our lives useful to one another by producing things people actually want and are willing to trade for. That is real capitalism and free trade uncorrupted by unsound money. It only has two basic rules: do what you say you’re going to do and don’t take what’s not yours.
December 7th, 2011 | Dan Denning | 3 comments | Continued
Australia’s Allowance For Corporate Tax Stupidity
Apparently, a nine-person working group set up by Treasurer Wayne Swan after the recent tax summit, has come up with this corporate tax gem – the “Allowance for Corporate Equity”.
December 7th, 2011 | Dan Denning | 3 comments | Continued
Why Everyday Europeans Are Bailing Out of Their Own Banks
Europe is begging for money but claiming it has plenty. Meanwhile, ordinary Europeans are voting with their feet and taking their money out of banks and up north, while they still can. An economic system based on command and coercion is collapsing. And meanwhile, stock markets and investors trundle along in an information-soaked stupor.
December 7th, 2011 | Dan Denning | 0 comments | Continued
A Real Asset Call Option
The Aussie market is still tightly correlated to the US market. This, we suspect, is because global asset prices are keyed off of the global supply of credit. If we’re in a credit depression, US stocks will stagnate. Aussie stocks will track that stagnation.
December 6th, 2011 | Dan Denning | 1 comment | Continued
How Long Can Europe Stay Positive on Creditwatch Negative?
If you believe the French and Germans, what Europe really needs to become more competitive is a new treaty. If you believe Standard and Poor’s, which just put most of Europe on “creditwatch negative”, Europe needs to sort out its underlying monetary problems before it’s too late. Who are you going to believe?
December 6th, 2011 | Dan Denning | 0 comments | Continued
How Reinvested Dividends Can Double Your Return in Stocks
With the big four banks – traditionally high dividend players – being downgraded by Standard and Poor’s overnight, we thought it was a great time to revisit why dividends are important and how to safely buy the companies that issue them.
December 5th, 2011 | Dan Denning | 2 comments | Continued
S&P Puts Culture of Greed on Death Watch
Well you can forget about today’s modest little overnight rally in the US and Europe. Ratings agency Standard and Poor’s rained on everyone’s parade after the market closed. S&P downgraded 37 global banks. It upgraded two.
You’d think banking would be a low-profit, low-growth business to be in during a Credit Depression. At least we’d think so.
November 30th, 2011 | Dan Denning | 0 comments | Continued
Dealing With Debt Problem Depression
We resolved not to be depressing today. And in truth despite the growing global debt problem – we’re not, for two reasons…
November 29th, 2011 | Dan Denning | 1 comment | Continued
CLF – The RBA’s Pre-emptive Bank Bailout
The RBA has announced how the CLF – a kind of pre-emptive bank bailout would work.
Of course… they won’t call it that.
November 29th, 2011 | Dan Denning | 6 comments | Continued
Europe’s Credit Crisis is China’s Trading Problem
Europe isn’t a huge customer of raw commodities. But China is Europe’s largest trading partner. So there is a knock-on effect…somewhere down the line.
November 29th, 2011 | Dan Denning | 0 comments | Continued
Australian Government Bond Yields Fall
Australian government bond yields are under four per cent, and headed in the complete opposite direction of bond yields in Europe.
There are two important aspects to this story…
November 28th, 2011 | Dan Denning | 0 comments | Continued
