Like the two sides of the brain, people use politics both ways. On the right side, they use it to do something that is completely preposterous…
March 11th, 2010 | Bill Bonner | 1 comment | ContinuedMarket
Commentary on global share markets by your Daily Reckoning editors in Melbourne, Australia. Still haven’t subscribed to the Daily Reckoning? What are you waiting for… sign up here, it’s free!
A chronological listing of articles is below.
Reserve Bank Agrees There is a Housing Shortage in Australia
RBA assistant governor Philip Lowe said in a speech in Sydney yesterday that constraints on home building are restricting the supply of homes in Australia. The shortage is one factor keeping prices up. Nothing was said about the lending boom.
March 11th, 2010 | Dan Denning | 42 comments | Continued
Griffon Corp, a Very Rugged Cockroach
So simple and so crude – yet so very effective. The cockroach is hard to kill and fit for any environment. In markets, we also have cockroaches. One of the types would be the holding company with lots of cash…
March 10th, 2010 | Chris Mayer | 2 comments | Continued
US Economy is Some 11 Million Jobs Short of Full Employment
But February saw an unexpected upturn in consumer credit, reports the Times. And unemployment seems to have bottomed out, adds The Wall Street Journal.
March 10th, 2010 | Bill Bonner | 0 comments | Continued
Shadow Banking System: A Murky World of Credit, Securitisation and Derivatives
Most of these are interest rate and credit derivatives. As we learned in the last two years, the big risk here is to institutions which owe and own these obligations amongst one another. In our view, the degree of interconnectedness among these obligations (they still aren’t unwound) still makes the entire global financial system vulnerable…
March 10th, 2010 | Dan Denning | 14 comments | Continued
Why The SEC Sued Me – And Why You Should Care
When most people are sued by the SEC, they do their best to put the matter behind them – as quickly and quietly as possible.
March 9th, 2010 | Porter Stansberry | 8 comments | Continued
Gold is in a Real Bull Market
There are a few old gold bugs around. But the public is not yet talking about gold.
March 9th, 2010 | Bill Bonner | 4 comments | Continued
Global Illness of Too Much Debt has Been Remedied by More Debt
But more importantly, the share market is at risk now for a big fall as it was in the middle of 2007 when the Bear Stearns story broke. Since then the perimeter of global markets has gradually been overrun by the forces of wealth destruction.
March 9th, 2010 | Dan Denning | 22 comments | Continued
Debt Drugged
Governments and central banks have managed to engineer some more spin, but only at the expense of piling more debt on top of the already wobbling structure.
March 6th, 2010 | Nickolai Hubble | 2 comments | Continued
Titanium Metals (NYSE:TIE): Investing in Aviation Growth
I’ve focused mostly on civil aviation. But there is also defense spending. In the Middle East, defense spending will probably rise to more than $100 billion by 2014, from only $36 billion now…
March 5th, 2010 | Chris Mayer | 5 comments | Continued