Financial markets and institutions are mighty unstable no matter where you look these days. Europe, America, China, Australia. Where are you supposed to go to invest your money?
February 11th, 2012 | Nickolai Hubble | 1 comment | ContinuedAll Posts Tagged With: "global economy"
Vulnerable to External Influences – The Economic State of Australia (Part I)
Australia’s future is inextricably linked to China and the commodity “super boom”. Australian economic prospects remain vulnerable to international developments outside its control.
February 9th, 2012 | The Daily Reckoning | 2 comments | Continued
Stock Market Hindsight Versus Market Foresight
Occasionally we receive comments along the lines of ‘you try to push the market lower’ or ‘talk the market down’. Some mistake our realism for grumpiness. Or assume we just don’t like it when the stock market goes up. While flattering, we must admit we have no control over the stock market whatsoever.
February 9th, 2012 | The Daily Reckoning | 0 comments | Continued
How to Prolong an Inevitable Free-Market Correction
Markets – free markets – are meant to be unstable. They are meant to crack-up from time to time. And thank God they do. Otherwise, we’d be stuck forever with zombie industries and dead end investments.
February 7th, 2012 | Bill Bonner | 0 comments | Continued
On the Edge of Evolution: An Investment Story in Three Acts
Today’s story is how the investment world you live in came to be…and how we’re on the edge of a great leap forward…or a great leap into a deep abyss. If you don’t have time to read it, go over to Facebook and tell everyone you’re too busy to read about the most important investment story of your life.
February 1st, 2012 | Dan Denning | 2 comments | Continued
The Final Countdown
Not interfering with the market’s adjustment process is simply allowing Schumpeterian “creative destruction” to operate, and cleanse the forest. But that process is anathema to well-compensated entrenched interests that suckle from the teat of the State. Banks, for example.
January 21st, 2012 | The Daily Reckoning | 1 comment | Continued
The Return of System D
A non regulation-sized nutshell, System D refers to the world’s unregulated, non state-sanctioned economy. And it is, in many ways, where the real action is.
January 13th, 2012 | Joel Bowman | 0 comments | Continued
Markets Seen and Unseen
Investors would have done well to go fishing yesterday. The markets were flat as a mill pond, ending the session more or less where they began.
January 13th, 2012 | Joel Bowman | 0 comments | Continued
Central Banks Go Bonkers
This week, a certain joke became a painful reality, with a reshuffle at the European Central Bank.
January 7th, 2012 | The Daily Reckoning | 2 comments | Continued
The Daily Reckoning’s Best of 2011
Happy New Year!
Normal Reckonings resume Tuesday, January 3rd. To tide you over, we’re continuing a tradition we started last year. We reflect on some of the more colourful predictions of 2011. What follows is a selection of musings from Dan Denning, Bill Bonner and the DR team.
January 1st, 2012 | Dan Denning | 0 comments | Continued
The Brave New World of Debt Deleveraging
The 40-year expansion of credit – the debt supercycle – is over. Its passing means you must re-think how economics and markets ‘work’. Of course economics and the market will still work in the same way they always have. They simply reflect billions of individual decisions made on a daily basis.
December 22nd, 2011 | Greg Canavan | 2 comments | Continued
Will This Great Correction Bring a Darkness Without a Dawn?
So far, the Great Correction has followed the usual script. Bond yields have fallen. Price inflation has generally come down. But demand for credit — as evidenced by $10 trillion government financing costs — is running hot. This is no typical downturn. And it wouldn’t be too surprising if all this demand for credit pushed up bond yields.
December 14th, 2011 | Bill Bonner | 1 comment | Continued
Energy, Resources and Real Asset Investing
Basic economics of scarcity, supply and demand, and investment demand won’t be less important in supporting commodities. But in a world of collapsing financial asset values, tangible assets are about to become the hotly contested objects of a great global strategic game.
December 9th, 2011 | Dan Denning | 1 comment | Continued
A Real Asset Call Option
The Aussie market is still tightly correlated to the US market. This, we suspect, is because global asset prices are keyed off of the global supply of credit. If we’re in a credit depression, US stocks will stagnate. Aussie stocks will track that stagnation.
December 6th, 2011 | Dan Denning | 1 comment | Continued
Central Banks Play: Print…Ready…Aim
All central banks are desperate to stop stress from building in the global banking system. Despite what they say, job No. 1 of every central bank is to do whatever it takes to prevent a disorderly collapse of banks caused by “bank runs.”
December 6th, 2011 | Dan Amoss | 0 comments | Continued
