Our DR Global Editions: 
Sunday, November 22nd, 2009
But the big story? Stimulus!
Here is the International Herald Tribune on Monday:
“More Stimulus is Needed to Spark a Strong Recovery,” is the headline. According to the IHT, stimulus is working. And it will work even better if there were more of it.
August 10th, 2009 | Bill Bonner | 7 comments | Continued
This last-gasp financial plan to purchase and support the Treasury market was and is, at best, a short-term fix to prevent the bubble of all bubbles from bursting. If we flash back to last fall, the stock market panic was driving some investors to guarantee a negative return on their money for the safety of the full faith and credit of the Federal Reserve. That same money that ran to bonds in order to escape equities is in danger of unwinding and going on the move again – after all, money goes where it is treated best. Don’t believe me? Just ask Warren Buffett…
June 17th, 2009 | Alan Knuckman | 2 comments | Continued
The price of oil remains at $62…the American peso is still trading for peanuts ($1.39 against the euro)…and gold lost about $5 yesterday; it trades this morning near $953.
Do you have your positions in gold, dear reader? We hope so.
May 28th, 2009 | Bill Bonner | 12 comments | Continued
But maybe they should spare a thought or two about what is really going on. Lending money to the US government is no sure thing. Far from it. In fact, under the present circumstances, lending money to the feds is asking for trouble. Recently, you could put your money in T-bills and get zero yield. “An extraordinary thing…” said Warren Buffett…
May 28th, 2009 | Bill Bonner | 4 comments | Continued
This is the media name for the bond traders who scuppered Bill Clinton’s big spending plans during his first term. Back then, the market was capable of imposing some fiscal discipline on the U.S. government by forcing it to pay higher rates of interest for the debt it sold to finance its spending plans.
February 12th, 2009 | Dan Denning | 3 comments | Continued
| All Ordinaries | 4706.70 | ||
| S&p/asx 200 | 4685.80 | ||
| Sse Composite Ind | 3308.35 | ||
| Crude Oil Dec 09 | 76.90 | ||
| Gold Nov 09 | 1146.40 | ||
| Nikkei 225 | 9497.68 | ||
| DJIA | 10318.16 | ||
| S&P 500 | 1091.38 | ||
| Ftse 100 | 5251.41 |
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