The question is when. Our view is that they’ll get more than they expect, but later than they want it. We’re looking for another crack in stocks…followed by more fear and loathing in the economy. This will have two major effects…
September 11th, 2009 | Bill Bonner | 0 comments | ContinuedAll Posts Tagged With: "stocks"
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
Bear Markets Do Not End With Stocks Still Trading at Nearly 20 Times Earnings
What’s more, stock market trends tend to follow long cycles. The last bear market bottom was in ’82. It came after 14 years of disillusionment and disappointment. By the time stocks were ready to go up investors were sick of hearing about them.
September 4th, 2009 | Bill Bonner | 2 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
Seems Everyone is Speculating on the Banks
“Public assistance enables the world’s largest 15 financial firms to return to the capitalization they had in September 2008,” the article continues. The largest of the largest, HSBC, is now judged to be worth $186 billion, according to the stock market.
September 2nd, 2009 | Bill Bonner | 2 comments | Continued
How Did Australia Get Caught Up Losing Money in Commercial U.S. Real Estate?
In yesterday’s Age, Bwembya Chikolwa, a lecturer in the School of Urban Development at Queensland University of Technology, says Aussie super funds had money to burn…
September 1st, 2009 | Dan Denning | 1 comment | Continued
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
Should You Buy Stocks Now to Take Advantage of Bull Market?
Stocks and oil are at their highest levels so far this year. With such profits at hand people figure they don’t need the dollar. Investors run to the safety of the greenback when financial storms approach. But now…they think it will be clear sailing.
August 25th, 2009 | Bill Bonner | 0 comments | Continued
The Inevitable Path Toward Capital Controls in America
This highlights what many people are now saying openly: the end is near for the U.S. dollar as the world’s preferred reserve currency. The dollar isn’t going away, of course. But already the Chinese have set up currency swaps to conduct bi-lateral trade with larger trading partners. These transactions are outside the dollar.
August 21st, 2009 | Dan Denning | 8 comments | Continued
Economists Agreed the Stimulus Was Working and the Recession Was Coming to an End
We don’t know when the recession will end…but we’re dead sure that those 53 economists interviewed by Bloomberg…and those at the Fed too…don’t know either. Few of them seem to have any idea what is really going on.
August 17th, 2009 | Bill Bonner | 2 comments | Continued
Discussing the Dreaded Fibonacci Retracement
So let’s do that! And actually, it’s not inherently dreadful. Our Swarm trading technician Gabriel Andre uses the Fibonacci numbers to track trends in commodities, currencies, and stocks.
In fact, he’s been muttering to himself in French the last week that September may be a very good month for short sellers.
August 13th, 2009 | Dan Denning | 23 comments | Continued
Sometimes Technical Analysis Sounds Like a Foreign Language
Your editor does not pick up foreign languages easily. But just for grins, we asked Gabriel to try his technical speak on the CRB commodities index. It’s been up, then way down, then back up. We wondered-all the fundamentals of supply, demand, growth, and recession aside-what the index looks like to trader with an eye for patterns and mind full of oscillators.
August 5th, 2009 | Dan Denning | 22 comments | Continued
Is Inflation Necessary for Recovery and Growth in the United States?
It was French economist Jacques Rueff who revealed the scam more than half a century ago. The whole idea of Keynesian stimulus, he explained, was to cause inflation…which would reduce the real price of labor. In a modern democracy, politics prevents wages from falling.
August 3rd, 2009 | Bill Bonner | 0 comments | Continued
Investors Are Thinking: Inflation is Coming, But it Isn’t Here Yet
At least…that’s been our worry. That too many people understand the inflation threat and are positioning themselves to avoid it. Everybody can’t be right. As they say on Wall Street, when everyone is thinking the same thing no one is thinking.
July 29th, 2009 | Bill Bonner | 20 comments | Continued
Glenn Stevens Says Australia’s Economy Has Been Travelling Better Than Others
We’ll see about that. Stocks are certainly pricing in a profit recovery (about which we have our doubts). But Mr. Stevens also had a bit to say about credit markets and balance sheets, in comments that were not as widely reported as his comments on Australian housing. More on housing in a second.
July 29th, 2009 | Dan Denning | 25 comments | Continued
