Well that’s a good sign. Not twelve hours after we went to press with our latest newsletter – highlighting how September is historically the market’s worst month – and describing a Long Depression, stocks in New York rally by almost three percent. How is that good sign? The Bear had everyone feeling pretty bearish about him. You can measure this in the number of put option buyers or in surveys.
September 2nd, 2010 | Dan Denning | 23 comments | ContinuedAll Posts Tagged With: "collapse"
The Collapse of 2009
Because most people don’t live and shop on Wall Street, the “Panic of ’08″ was viewed by Main Street as if from afar – even though many were losing money. But when commercial real estate crashes it will hit much closer to home. The depressive atmosphere of thinly shopped, half- vacant malls will strike emotional chords and all the senses.
March 20th, 2009 | The Daily Reckoning | 5 comments | Continued
A World of Financial Freeloaders
Protect yourselves against your constantly acting stupid by electing spendthrift, promise-them-everything morons to government office, who have allowed the Federal Reserve to create so much money and credit to accommodate government deficit-spending that that government has now spent you into debtor’s hell to support a government So Freaking Huge (SFH) that the total of government spending constitutes half – half! – of all spending in the freaking country!…
January 20th, 2009 | Mogambo Guru | 2 comments | Continued
