Strikes make travel tough today – in both London and Paris. The unions have called for massive snarl-ups to protest governments’ efforts to bring spending under control. The subways aren’t running. Trains are halted. The French leftist newspaper, Liberation, says that “millions are expected to take to the streets.”
September 8th, 2010 | Bill Bonner | 0 comments | ContinuedAll Posts Tagged With: "Economist"
Oh, ok then
“The Coalition has started to put the heat on the three hold-out rural independents – saying it was ‘inconceivable’ any of them would back a Labor government that had joined the Greens to push a left-leaning agenda.”Oh. So it’s all over.Well, the market enjoyed it.
September 4th, 2010 | Nickolai Hubble | 0 comments | Continued
Three Out of Four Economists are Wrong
The thing economists said was nearly impossible actually happened last week. Yields on 2-year US debt hit a record low just as the Treasury prepares for another record-setting deficit. The supply of Treasury debt and the demand for it hit new highs – together. Stranger things have happened.
August 2nd, 2010 | Bill Bonner | 0 comments | Continued
What’s a Consumer Economy Need in Order to Keep Growing?
“US consumers are cutting back, and where they are not cutting back, they are scaling down. This new cycle is all about ‘getting small’ and it is deflationary.
September 23rd, 2009 | Bill Bonner | 1 comment | Continued
Bear Markets Do Not End With Stocks Still Trading at Nearly 20 Times Earnings
What’s more, stock market trends tend to follow long cycles. The last bear market bottom was in ’82. It came after 14 years of disillusionment and disappointment. By the time stocks were ready to go up investors were sick of hearing about them.
September 4th, 2009 | Bill Bonner | 2 comments | Continued
If the Economy is Not Recovering It Isn’t Getting Enough Stimulus
But the big story? Stimulus!
Here is the International Herald Tribune on Monday:
“More Stimulus is Needed to Spark a Strong Recovery,” is the headline. According to the IHT, stimulus is working. And it will work even better if there were more of it.
August 10th, 2009 | Bill Bonner | 7 comments | Continued
The Bubble Deniers Deny that Their Own Stimulus Caused it
In the non-communist world, if a man had money and no bread, he exchanged the former for the latter…and sat down to dinner. As if guided by an ‘invisible hand,’ millions of people did the same thing. Everyone tried to get a bit more grease on his plate, by making his own decisions based on the facts before him.
July 20th, 2009 | Bill Bonner | 9 comments | Continued
Crash, Depression, Hyperinflation – the Triple Crown of Financial Catastrophes
It is remarkable enough that we have been able to witness a genuine market crash. The crash of ’87 barely counts. It sent prices down as much as a third all around the world. But it was a very short-lived affair. Bread put in the oven at the beginning of it was still doughy when it was over. Then, it kept rising for the next 20 years.
June 11th, 2009 | Bill Bonner | 0 comments | Continued
When Gold Ruled the Earth, Part II
“It took three generations,” wrote a professional metals consultant in Feb. 2009, “but we now seem to have reached the point in the world’s history where, for the first time, gold is valued only for jewelry use and speculation.
April 27th, 2009 | Adrian Ash | 0 comments | Continued
Buying Stocks for Dividends Makes Sense…
In fact, things got so bad back then, and companies were so reluctant to cut dividends (probably figuring that nobody in their right mind would buy their shares otherwise), that “in 1933, American earnings per share dropped below dividends”! Wow! The companies paid out more money to shareholders than the company made!
March 17th, 2009 | Mogambo Guru | 3 comments | Continued
