All Posts Tagged With: "obama"

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Stock Market Treats Sage of Omaha Roughly

What evil omen has the market noticed? What devil-on-the-loose does it fear? What plague, what war, what depression, what bankruptcy, what hyperinflation… did we say ‘hyperinflation’? Wait a minute. We’re getting ahead of ourselves. Whatever the world’s stock markets see - it must be a damnable mess… as if the world didn’t have a future.

November 25th, 2008 | Bill Bonner | 0 comments | Continued
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O! Bama! The Whole World Turns Its Weary Eyes To You…

Mr. Obama became the president-elect of all the Americans last week. No man’s coffee tasted better on Wednesday morning than it did on Tuesday… no woman’s perfume smelled sweeter. But all over the world people felt better…

November 17th, 2008 | Bill Bonner | 2 comments | Continued
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O! Bama! Where is thy bounce!

Yesterday, stocks got whacked again - the Dow was down 411 points, bringing the loss for the year to more than 4,000 points. Oil fell to $56 a barrel; investors feared that the world’s drivers would leave their cars in the garage and the world’s teenagers would begin turning off the lights when they left their rooms.

November 14th, 2008 | Bill Bonner | 3 comments | Continued
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Government Guaranteed Depression?

The American people voted for change, and within months, we’ll have a better idea of what kind of change we can expect. Dan Amoss explores what President-Elect Obama has in store…After an historic election and inauguration, president-elect Obama will enter office with a huge list of challenges.

November 12th, 2008 | Dan Amoss | 4 comments | Continued
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The Economy, Too Much for Obama?

Obama is beginning to realize what he’s up against. This is no ordinary cyclical downturn. Typically, a slump brings interest rates down. (Usually accompanied by central bank rate cuts.) Cheaper borrowing arouses business and speculative activity… which, in turn, tends to get the economy moving again.

November 11th, 2008 | Byron King | 2 comments | Continued
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Obama faces huge challenges

The world’s press spoke with one voice over the weekend: “Now, the hard part… !”, “Obama faces huge challenges… ” , “Not an easy time for president-elect… ” And for once… the press is right. It won’t be an easy time for Obama’s team. But the president elect is moving fast…

November 11th, 2008 | Bill Bonner | 0 comments | Continued
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Nobama rally… Nobama bounce… Nobama bull market… Nobama nuthin’…

Instead, the Dow fell another 443 points yesterday. The index has fallen almost 1,000 points since the election results were announced. Oil fell too, and seems to be ready to drop below $60. As for gold, it lost more than $8 yesterday. That’s the way it’s been going. Gold loses value… but stocks lose more.

November 10th, 2008 | Bill Bonner | 1 comment | Continued
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The Economy’s Gone Into Rehab

World markets had been recovering from October’s drubbing. The Morgan Stanley index, which measures capital market performance around the globe, had risen 20% from last month’s lows. But yesterday, stocks got a drubbing again… with a big drop for the Dow… minus 486 points.

November 7th, 2008 | Bill Bonner | 0 comments | Continued
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Playing the Tax Credit Card

One of Obama’s prime campaign planks has been his promise to mercilessly raise taxes on the “rich,” a group initially defined as those making more than $250,000 per year. This was later dropped to $200,000 per year, and more recently has been defined as those Americans making more than $150,000 annually.

November 6th, 2008 | The Daily Reckoning | 0 comments | Continued
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U.S. Thirty Year Bond Hits Thirty Year Low

The yield on the 30-year U.S. Government bond plunged to its lowest level since the Feds began selling them in 1977. On October 24th, the yield on the 30-year dipped to 3.86%. Since then, it’s been rising. What could this mean? Well, it could mean that the last greatest bubble in the world—the bubble in U.S. government bonds—is bursting. Why? Bond investors aren’t generally stupid. Read on…

October 30th, 2008 | Dan Denning | 1 comment | Continued
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