We have been saying for a while now that the US Dollar is overdue for a bounce and the price action of the past week or so is starting to shape up as a possible launching pad for a more sustained rally.
December 16th, 2009 | Murray Dawes | 1 comment | ContinuedAll Posts Tagged With: "bounce"
Dubai, the Financial Center Built on Sand
No on is sure what is going on. Most people take from this story what we knew all along: lending to shady characters in sunny places is not an easy way to make money.
December 1st, 2009 | Bill Bonner | 1 comment | Continued
Dubai, Built on Debt and Sand
Dubai was the great success story of the Near East. With nothing but rich sheiks behind it, this patch of desert had set itself the goal of becoming a major financial and tourism center.
December 1st, 2009 | Bill Bonner | 0 comments | Continued
Big Drops in Stock Prices Are Always Followed by Bounces
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 | Continued
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 | 13 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