Decade long stock market recovery
For many investors, the 2007–09 mortgage meltdown and financial panic are the benchmark for a worst possible outcome. The Dow Jones industrial average fell 54% in the 17 months from 9 October 2007– 9 March 2009. Major investment firms including Lehman Bros, Bear Stearns, Fannie Mae, Freddie Mac and AIG either filed for bankruptcy or were rescued by government intervention after massive losses.
Callum concedes: Shae might be right
A line from Jim Carrey’s movie The Mask sums up the financial world nicely right now. ‘You can’t make the scene if you don’t have the[...]
Easy credit is coming once again
Today’s Daily Reckoning Australia brings you another potential trade brewing right now in the global markets. Every signal says the US economy will keep ploughing on[...]