A bounce of 50% of what was lost is not unusual. That’s what happened after the Crash of ‘29, for example. So, there’s nothing exceptional about what we’re seeing on Wall Street.
November 17th, 2009 | Bill Bonner | 1 comment | ContinuedAll Posts Tagged With: "bounce"
Another Big Wave of Foreclosures
“Rising unemployment and a new variety of mortgage resets continued to gradually shift the nation’s foreclosure epicenters in the third quarter away from the hot spots of the last two years…
November 11th, 2009 | Bill Bonner | 2 comments | Continued
We Can Expect More and More People to Want to Own Gold
Gold seems to be advancing towards a new milestone – $1,100. Makes us nervous. We always feel more comfortable out in the wide, open spaces…
November 9th, 2009 | Bill Bonner | 1 comment | Continued
Stocks, Bonds and Economy All Bounce
And if we’re following the Japanese experience, with a long, slow on-again/off-again period of depression, we can expect some quarters of growth, followed by quarters of non-growth.
November 9th, 2009 | Bill Bonner | 0 comments | Continued
Bubble Age Jobs Lost Because of Recession
Millions of people, for example, earned their money in ‘housing.’ They were putting up houses in the sand states…or building granite countertops…or selling, flipping, financing the houses.
October 7th, 2009 | Bill Bonner | 7 comments | Continued
Is Gold Going Up Because People Fear Inflation?
We began having doubts about the ‘feds inflate…gold soars’ hypothesis last year. It was too easy…too obvious. And if it were that easy to inflate a nation’s currency, how come the Japanese couldn’t get the hang of it…
September 24th, 2009 | Bill Bonner | 0 comments | Continued
In a Bear Market Most Stocks Go Down, So What Do You Do?
But the stock market is not a television show or a graphic novel. It does not have a tidy beginning, an enthralling middle, and a miraculous end. Attention spans are short these days. People expect instant resolution. But the unwinding of a credit boom doesn’t work that way, especially when you have central banks and governments fighting it every step of the way…
August 31st, 2009 | Dan Denning | 31 comments | Continued
Rich Blamed for Financial Debacle of Last Few Years
Their governments all have in it for them…taxes on ‘the rich’ are rising. The Democrats are talking about financing the entire nation’s health care system on the backs of the super-rich.
August 26th, 2009 | Bill Bonner | 4 comments | Continued
Should You Buy Stocks Now to Take Advantage of Bull Market?
Stocks and oil are at their highest levels so far this year. With such profits at hand people figure they don’t need the dollar. Investors run to the safety of the greenback when financial storms approach. But now…they think it will be clear sailing.
August 25th, 2009 | Bill Bonner | 0 comments | Continued
Alan Greenspan Says “the Seeds of a Bottoming” Becoming Visible
Speaking to a National Association of Realtors summit, Greenspan said there were reasons to believe that bulging inventories of unsold homes were dwindling and that should bring some stability to prices.
May 15th, 2009 | Bill Bonner | 2 comments | Continued