Archives for January 2013

Doug Casey’s Current View of the World

Doug Casey's Current View of the World By Doug Casey, Chairman Doug Casey's latest book, Totally Incorrect, gathers his iconoclastic views in a tidy package to stimulate and possibly dismay readers. In an interview with The Gold Report, Doug elaborates on some of his most radical ideas and offers his view of where the markets are likely to […]

The Market Rally Tells Us Nothing about the Economy

Courtesy of www.econmatters.com. By EconMatters Just four months ago… Markets have had a good run from the third quarter earning`s selloff, the inevitable Santa Claus rally, and the first quarter new money being put to work. But all this talk about some Super Cycle turn in the economy is putting the proverbial cart ahead of […]

Doug Casey’s Current View of the World

Doug Casey’s Current View of the World  By Doug Casey, Chairman Doug Casey’s latest book, Totally Incorrect, gathers his iconoclastic views in a tidy package to stimulate and possibly dismay readers. In an interview with The Gold Report, Doug elaborates on some of his most radical ideas and offers his view of where the markets are […]

Dow about to break above its 70-Year channel?

Courtesy of Chris Kimble. CLICK ON CHART TO ENLARGE As we approach the end of another month, I thought it might be interesting to look at the above "Monthly Closing" chart on the Dow, dating back 100 years.  As the Dow is closing the month, last nights closing price was within 24 points of the […]

US Economy Contracts in 4Q/2012, Let’s Review

Courtesy of Larry Doyle. The positive tone to the equity markets and other risk-based assets may provide a degree of cover to developments within the real economy but it cannot totally negate the fact that our nation’s economy continues to move along with all the speed of a pack mule. In fact, Uncle Sam just […]

What’s Really Pushing the Stock Market Higher

Courtesy of Pam Martens. I was browsing the Wall Street Journal’s web site last night and found this interesting take on the Dow Jones Industrial Average’s flirtation with 14,000 – a number it last saw in October of 2007. “Small investors are jumping back into the stock market after abandoning it during the financial crisis, […]

Dissecting the Fed-Sponsored Housing Bubble; HPI-CPI Revisited; Real Housing Prices; Price Inflation Higher than Fed Admits

Courtesy of Mish. In the wake of rising housing prices a reader asked if I would revisit my March 2102 article How Far Have Home Prices "Really" Fallen. The reader specifically wanted an update on inflation as measured by the HPI-CPI (a measure of the CPI where actual home prices instead of rent is the […]

Quest to Diagnose Obamacare Beneficiaries

Quest to Diagnose Obamacare Beneficiaries By Ilene with Paul Price Dr. Paul Price expects the 2014 implementation of Obamacare to provide a major stimulus for physicians to order more lab tests, as at least 30 million currently uninsured people gain coverage. While the Market Shadows’ Virtual Value Portfolio already holds Lab Corp. (LH), and the […]

EU Economic Policy Remains a ‘Political Project’

EU Economic Policy Remains a ‘Political Project’ Courtesy of Pater Tenebrarum, Acting man We have previously written extensively about the idiotic 'Robin Hood' tax on trading that the EU – led by, you guessed it, socialist France –  wants to impose. Sweden imposed such a tax in the 1990s and has warned the rest of the EU in […]

Investors, Are They Good for the Future of Real Estate?

  Source: google.com via Exotic Slipcovers on Pinterest Investors, Are They Good for the Future of Real Estate? By Ramsey Su, courtesy of Acting Man  Greetings from Varanasi, probably the most chaotic place I have ever been to. This is supposedly the oldest city on earth, where a never ending stream of pilgrims comes to bath […]

Trouble Ahead?

Trouble Ahead? By Ilene  Last week, the 10 year Treasury yield surged on Friday, coinciding with the beginning of loan repayments by European banks to the European Central Bank’s (ECB). Voluntary repayments of this Long Term Refinancing Operation (LTRO) loan program totaled $137 billion. Some European bank borrowers had used their borrowed money to purchase U.S. Treasuries. Now, […]

After Year of “Stability”, Monetary Base Explodes To New All-Time Highs

After Year of “Stability”, Monetary Base Explodes To New All-Time Highs Courtesy of Tekoa Da Silva of BULL MARKET THINKING (click to enlarge, source.) Strangely occurring during a period of collapsing precious metals & mining equity prices, the St. Louis Adjusted Monetary Base (BASE)has catapulted itself to never before seen, record, all-time highs of“2,796.041 Billions of Dollars”. That’s $2.796 trillion […]

Santelli’s Paradox And Why The Fed’s Exit Will Be “Very, Very Messy”

Courtesy of ZeroHedge. View original post here. Submitted by Tyler Durden. We are in our sixth year since the US officially went into recession and yet, as CNBC's Rick Santelli notes, we are still in crisis management mode. Some argue that any day now, the Fed will begin to remove its mega liquidity pipe from […]

Lanny Breuer on Whistleblowers and Prosecuting Bankers (the Liar Liar version)

Courtesy of Jaime Falcon.

US Consumer Confidence Plunges

US Consumer Confidence Plunges Courtesy of Jesse's Cafe Americain What is wrong with the little people, these takers and fakers? Confidence has never been better on Wall Street. Look at the VIX and the SP 500, and booming home prices in the Hamptons. Get with the program. Lloyd Blankfein just had a $21 million pay day. […]

Birds Of A Feather Fly Together

Birds Of A Feather Fly Together By David of All About Trends Just take a look here at two names we issued Trade Trigger email alerts on Monday:   DDD   SSYS         The real action is in hit and runs and a market of individual stocks.  Just 24-hours later, we are […]

How Much Did Crisis Cost Economy? Begins with a T

Courtesy of Larry Doyle. Have you ever wondered what a best guesstimate might be as to how much the 2008 crisis cost our economy? Well, not that many outlets around here may care to highlight this information, so let’s navigate to a Russian site, Rianovosti, at which we can read and learn, The absence of criminal […]

Bloomberg Businessweek Endorsed a Ponzi Scheme

If this investment strategy is for real (have to wonder), it's one of the most ridiculous ones I've seen yet. It's surprising that Bloomberg would publish the article that Paul's commenting on. ~ Ilene  By Dr. Paul Price (full article at Guru Focus)   The Jan. 21-27 issue of Businessweek ran an article praising what […]

Student Loan Bubble Update: “This Situation Is Simply Unsustainable”

Courtesy of ZeroHedge. View original post here. Submitted by Tyler Durden. The last time we looked at the most underreported debt crisis sweeping the land, which is nothing short of the second coming of subprime, namely the student loan bubble, we posted "the scariest chart of the quarter" in which the Fed had finally caught […]

China Averts $482 Billion in Local Bank Defaults via Massive Rollover Scheme; Extend-and-Pretend Chinese Style

Courtesy of Mish. The Chinese banking system is insolvent. Of course, the entire global banking system is insolvent, but today’s spotlight is on China. Please consider China averts local government defaults. Chinese banks have rolled over at least three-quarters of all loans to local governments that were due to mature by the end of 2012, […]

Pending Home Sales Didn’t Really Miss

Courtesy of Lee Adler of the Wall Street Examiner The news media reported yesterday that the NAR’s Pending Home Sales Index for December was a huge miss, falling far short of economists’ consensus expectations. This was based on the seasonally adjusted data, which is frequently misleading because the statistical manipulation often obscures the real trend. […]

David vs Goliath: The Case for Community Banks

Courtesy of Larry Doyle. While the mega-banks on Wall Street flex their oligopolistic muscles (price controls, imperfect information, not sharing data), I want to take this opportunity to throw some support to the Davids of the banking world. Who are these Davids? The community banks. Do you feel like you get a lot of personal […]

Tim Geithner’s Treasury Department Gets Another Failing Grade

Courtesy of Pam Martens. Somebody is right and somebody is wrong when it comes to whether Tim Geithner, the man who stepped down as U.S. Treasury Secretary on Friday, is a crony capitalist covering the backs of his corporate pals, their failed companies, and their obscene pay or is an American hero.  President Obama is […]

Out-of-Pocket Medical Costs Drive Even Insured Older Americans Into Debt

  Source: 3.bp.blogspot.com via Rob on Pinterest How Out-of-Pocket Medical Costs Drive Even Insured Older Americans Into Debt One obvious way to reduce the deficit is to squeeze Medicare recipients by forcing them to pick up more of the tab for their healthcare costs. And any number of proposals floating around in Washington would do exactly […]