All Posts Tagged With: "recovery"

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Cold Day in Hell When Americans are Not Willing to Spend

The Baby Boomers were flying high during the wonder years. They looked forward to higher house prices and rising stock prices. But now, after having suffered an $11 trillion loss in stocks and real estate…

April 12th, 2010 | | 2 comments | Continued
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Bubble Era Economic Model Worked Until Consumers Ran Out of Money

The consumers can’t really go back to borrowing, can they? Nope. Not without digging themselves deeper in the hole…or actually earning more money.

April 6th, 2010 | | 0 comments | Continued
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Defiance at the Fed

Any real recovery would be accompanied by interest rate increases from the Federal Reserve. Instead, the Fed stuck to its guns and butter interest rate. Dan Denning is another step closer to his free beer bet coming off.

March 20th, 2010 | | 0 comments | Continued
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A Rally in a Bull Costume

This rally has gone on for so long most people think it is not a rally at all, but a new bull market.

March 11th, 2010 | | 79 comments | Continued
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Don’t Bet on a Recovery

I would challenge those who fantasize about a consumer-led recovery to describe where the spending money will come from.

March 3rd, 2010 | | 20 comments | Continued
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Occurences Within Economy Consistent With a Depression

“How can you keep talking about a depression,” asks a Dear Reader, “when the economy is clearly recovering just as it should be.”

February 24th, 2010 | | 10 comments | Continued
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Barack Obama, a Throwback to Jimmy Carter?

The politicos in Washington regard Carter as a failure. Yet, to us, he is still a hero. He was the only presidential candidate your editor ever voted for.

February 18th, 2010 | | 3 comments | Continued
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Obama and the $3.8 Trillion Budget

The amount of the budget itself is staggering. That’s a lot of money. But even more staggering is the glaring omission: the Obama administration is planning to spend $1.6 trillion it doesn’t have.

February 3rd, 2010 | | 1 comment | Continued
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A Period of Credit Contraction, De-leveraging and Depression

No one knows for sure. Investors stumble around in the dark, bumping into data and knocking over lamps.

January 29th, 2010 | | 1 comment | Continued
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Unemployment Still Rising Because Feds are Trying to ‘Do Something About It’

In this regard, we refer to three different phenomena. They are inter- related…they all show the same thing: an economy going downhill.

January 27th, 2010 | | 0 comments | Continued
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Bond Market Could Crash Any Time

The US is borrowing more money than ever before – trillions more. With such a huge increase in supply, demand…and prices…it should crack, sooner or later.

January 11th, 2010 | | 4 comments | Continued
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Subprime Loans Caused the Initial Illness, Option ARMs will Cause the Relapse

If you believe the Obama White House and the glass-half-full press corps, you’d think this mess is now behind us. We are, after all, in a recovery…right?

December 22nd, 2009 | | 6 comments | Continued
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Michael Pascoe and the Snarky Disinformation About Gold

Speaking of value, let us now return to the question of element number 79 on the periodic table. The snarky article we mentioned at the top is this one from Michael Pascoe at the age, titled “There’s more gold where that came from.”

In the article Pascoe takes on the issue of “peak gold.” But how well has he done in accurately stating the argument for gold?

December 16th, 2009 | | 28 comments | Continued
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Feds Say Don’t Worry About the Depression

Instead of allowing things to settle down, the feds are doing all they can to keep them stirred up. Amid the foam and splash, nobody knows what is really going on.

December 14th, 2009 | | 2 comments | Continued
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No Way Today’s Economy is Going Back to What it Was Pre-2007

The bubble of the pre-2007 period was pumped up by consumer spending financed by housing debt. Ain’t no way that can happen any time again soon.

December 9th, 2009 | | 4 comments | Continued
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