All Posts Tagged With: "stock market"

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We Don’t Expect to See Australian Banks Suddenly Keen to Expand their Loan Books

Maybe this will sound like a bunch of whining by the end of the week. After all, three of the big four Aussie banks will report results this week. There will be billion dollar cash profit figures tossed around. But as we said last week, the earnings performance of financial firms in the last six months is a sham.

September 28th, 2009 | Dan Denning | 5 comments | Continued
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Gold is More Like a Religion or a Political Position

The price of gold peaked out in real terms in 1979 at over $2,000 in today’s money. Briefly, an ounce of gold was so loved – and stocks so despised – that you could buy all the stocks in the Dow index for just a single ounce of gold.

September 21st, 2009 | Bill Bonner | 23 comments | Continued
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Markets Rise While the Economy Sinks

The problem is that the global economy in general, and the US economy in particular, is operating on so much medication that it is difficult to conduct an appropriate examination of the patient at the current time.

September 21st, 2009 | Bill Bonner | 0 comments | Continued
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Should You Buy Gold Now?

The Trade of the Decade is still buy gold/sell stocks. And the decade isn’t over. If you have US stocks, this is a good time to sell. The Dow went up 63 points yesterday – a weak bounce after several days of losses.

September 7th, 2009 | Bill Bonner | 0 comments | Continued
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Aussie Gold Price Moves Up

For investors, it means gold is going to have a good solid run at US$1,000. It’s in the neighbourhood already. But in the lead up to the G-20 leader meeting in Pittsburgh later this month, we wouldn’t be surprised to see gold price in a lot more fiat money creation.

September 7th, 2009 | Dan Denning | 15 comments | Continued
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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
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Rich Blamed for Financial Debacle of Last Few Years

Their governments all have in it for them…taxes on ‘the rich’ are rising. The Democrats are talking about financing the entire nation’s health care system on the backs of the super-rich.

August 26th, 2009 | Bill Bonner | 4 comments | Continued
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Stock Market Bulls Point to Leading Economic Indicators

The rising market is driving the majority of the economic data supporting the “green shoots” crowd. The Index of Leading Economic Indicators, which has been pointing up for a few months, is heavily influenced by the stock market.

August 13th, 2009 | Dan Amoss | 0 comments | Continued
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Household Debt Represents Spending Taken From the Future

But you can’t take an infinite amount from future earnings. You reach a point when the future can’t handle it. As more and more future earnings are absorbed by past consumption, pretty soon there’s not enough left to live on. At some point, so much of earnings are devoted to paying the interest…

August 11th, 2009 | Bill Bonner | 3 comments | Continued
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A Depression Long and Deep

First, as you know, this is a depression. It will probably be long. And deep. You wouldn’t know it from looking at the stock market or reading the news. The Dow went up another 114 points yesterday. Oil rose to $71. And the dollar – anticipating inflation – fell to $1.44 per euro.

August 5th, 2009 | Bill Bonner | 0 comments | Continued
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