The Wall Street Journal says they’ve turned their guns around. The Fed is a “Bubble Fighter” now, it reports.
December 4th, 2009 | Bill Bonner | 4 comments | ContinuedAll Posts Tagged With: "Addison Wiggin"
Gold in the Next Stage of a Bull Market
Gold is on track for its best monthly performance in a decade. The money metal reached $1,180 earlier this week, another all-time high.
November 30th, 2009 | Addison Wiggin | 1 comment | Continued
Arab Wealth Pours Back into Dubai
“The real boom in Dubai really only kicked off recently. After spending some time here and chatting with those who live here, I would boil down the more important ingredients to these:…
October 14th, 2009 | Bill Bonner | 0 comments | Continued
A Recovery of Some Kind in Global Trade
“Global trade rose at its fastest rate in more than five years in July,” The Financial Times reports, “suggesting the economic recovery is feeding through into commerce.”
September 30th, 2009 | Bill Bonner | 1 comment | Continued
Japanese Practically Gave Away Money to Anyone Who Would Borrow It
We wrote a book, Financial Reckoning Day with Addison Wiggin, in 2003. In it, we predicted that the United States would follow Japan into a long slump. We thought it would begin after the tech crash of 2000…
September 16th, 2009 | Bill Bonner | 1 comment | Continued
For the GSEs the Rest Has Been History
Even though the GSEs enjoyed lower borrowing costs than other corporate borrowers because of their implied U.S. government guarantee, he said, they would face higher borrowing costs if interest rates spiked. If that were to happen, the GSEs would likely be unable to grow their balance sheets or earnings.
May 14th, 2009 | Dan Denning | 1 comment | Continued