Suddenly dividends start to look enticing. Actually, it’s not sudden at all. Investors take a while to realise the bull market is long gone. It’s been just on four years since the market peaked back in November 2007 and we’d guess there are plenty of punters who think the next bull market is just around the corner. Maybe they think we turned that corner today?
December 1st, 2011 | Greg Canavan | 1 comment | ContinuedAll Posts Tagged With: "PIMCO"
Consume Now, Pay Later
One is that debt is no longer productive in boosting living standards. When it was, households were happy to borrow and so were businesses. But each addition dollar of new debt taken on in the economy is producing less and less real growth. Indeed, each additional dollar taken on is going, at least part of it, to service previously borrowed money.
July 1st, 2010 | Dan Denning | 2 comments | Continued
Algoholics Anonymous
Your editor’s phone began buzzing this morning shortly before 6am with texts asking us to turn on CNBC. There we saw what you saw: the Dow Jones had its largest-ever intra-day decline since 1987. The index fell nearly 1,000 points and almost ten percent as about $1 trillion in market value briefly got wiped out.
May 7th, 2010 | Dan Denning | 38 comments | Continued
The New Normal: Where the Government Plays a Significant Role in Controlling the Economy
In the “old normal” view – preached by politicians left and right and amplified by a compliant media and a smarting financial industry – you should go back to doing what you were doing before. Have a short memory. Buy stocks automatically because they always go up. Get a mortgage and buy a house, perhaps even a second one. Spend money. The government will make more.
September 4th, 2009 | Dan Denning | 17 comments | Continued
