Will We or Won’t We Have Another Recession Soon – The Case For and Against a Second Dip
June 21, 2010 by Editor · Leave a Comment
I am worried about the possibility of a second dip – of a new recession beginning sometime in the next year or so – before the current recovery has had a chance to produce much improvement. Verbally-intuitively, the case for a second dip still seems pretty overwhelming to me. I take comfort in the knowledge that I tend to have a pessimistic bias, and in the fact that sophisticated quantitative models are generally putting the odds of a second dip quite low. On the other hand, successfully forecasting recessions has not been a strong point of quantitative models. Words: 1433
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Americans: Pull Your Heads Out of the Sand Before It’s Too Late!
May 9, 2010 by Editor · Leave a Comment
A demographic stampede is about to pulverize American society. Eighty million retirees—the baby boom generation—are rapidly heading into their retirement years and, according to a recent survey, Americans have less money than ever. Being so unprepared can only mean a very unhappy “retirement” unless they pull their heads out of the sand and do something about it before it is too late. Words: 807
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Richard Russell: Why I’m in Cash and Gold – What About You?
May 4, 2010 by Editor · Leave a Comment
If the market is topping, it’s doing so in the face of rosy news in every area except for employment and there is nothing more ominous than a stock market turning down in the face of a “bright” economy. At such times, nobody is ready or positioned for a sudden reversal. [Are you?] Words: 637
Why Unsustainable Debt-to-GDP Ratios Will Result in (Hyper)inflation
April 27, 2010 by Editor · Leave a Comment
Central banking makes it possible for the government to expand the money supply by any amount, at any time deemed necessary and once (hyper)inflation is publicly seen as being the lesser evil of all options available for the government meeting its debt service, it cannot be dismissed out of hand that (hyper)inflation would be the consequence of an unsustainable debt-to-GDP ratio. Words: 982
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What is the ‘Real Deal’ about Inflation vs. Deflation?
April 26, 2010 by Editor · Leave a Comment
The debate over deflation/inflation continues as some of our most astute economic observers take sides. Frankly, I think that both sides are missing part of the picture. The debate concentrates on the after shocks of inflation/deflation: prices instead of the money supply and the demand for it. Words: 721
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The Latest Economic Data is Being Massaged and Sugar-coated
April 14, 2010 by Editor · Leave a Comment
I believe that the worse things get, the better they will sound coming from our nation’s leaders/ pundits. Words: 1132
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The Ultimate Guide to Surviving the Coming Crises
April 12, 2010 by Editor · Leave a Comment
The politicians in Washington tell us the economy is recovering. Well, maybe so … as long as you don’t need a job. The problems facing this country — in debt, energy, lost jobs, unbalanced budgets and more — continue to mount. In short, I think we’re headed for a head-on collision with hard times. Are you going to be ready? Words: 1570
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Prepare and Prosper From These Greatest of Crises
April 12, 2010 by Editor · Leave a Comment
Neither the White House nor the CBO have adequately considered the real impact of the very deficits they themselves are projecting. While they admit the deficits will be off the charts they fail to connect the dots from that admission to its obvious natural consequences — no fewer than FIVE ominous, vicious cycles … Words: 1017
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Quinn: Gold Going to $1500, Silver to $20 and Oil to $100 This Year
March 15, 2010 by Editor · Leave a Comment
Here are [6 of my 11] my prognostications in the areas of the economy, domestic politics, global geopolitics, and the investment markets: The US Dollar will fall to record low; house prices will fall a further 10%; interest rates will rise; unemployment rate will rise to 11%; oil prices will exceed $100; the stock market will drop 30%. Let’s hope I’m wrong! Words: 681
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Getting Lost in the Investment Maze? Get a New GPS
March 9, 2010 by Editor · Leave a Comment
Getting from point A to point B in the real world can be quite simple. In the investment world, the roadways are constantly shifting. Changes in interest rates, tax policies, unemployment, fiscal initiatives can represent obstacles and navigating these winding paths can require your very own GPS advice. Words: 494
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