Scary Fed Choices, All Time Worthless Dollar, Last Decent Real Estate Buys, and More!
by Addison Wiggin & Ian Mathias Count Bernanke and his eerie brood prepare to suck more life from the dollar Gross calls for a 1.25% cut! Where’s Greenspan when you need him? New all-time lows for the dollar… even before… Read More
Amazing Housing Glut, Currency and Resource Forecasts, National WiFi, $1 Million in the Trash, and More!
by Addison Wiggin & Ian Mathias The incredible number of homes without inhabitants… housing CEOs say worst is yet to come Ready for $2.10 pound sterling? Chuck Butler on the return of this staggering high Record level of gold futures… Read More
Dollar Drops, What’s Really Behind $92 Oil, Rising Beer Prices, African Opportunity, and More!
by Addison Wiggin & Ian Mathias U.S. markets rally… how does $1.2 billion in losses translate to a 32% gain? Dollar gets devastated… the latest record lows How gold could hit $850 this week Oil prices continue to soar… Byron… Read More
The Democrats’ “Reform Plan,” Outlawing CDOs, Countrywide’s Bomb, the Auto Industry’s Dark Forecast, and More!
by Addison Wiggin & Ian Mathias Ready for higher taxes? Democrats dust off “reform plan” Congress moves to outlaw subprime CDOs… Talk about too little, too late Countrywide drops the bomb… Earnings twice as bad as predicted Durable goods “unexpectedly”… Read More
Record Low Home Sales, Buffett Wisdom, Gold Stocks Advice, Costs of the CA Fires, and More!
by Addison Wiggin & Ian Mathias Home sales stun analysts… housing crisis claims another record low Buffett’s worrisome warning… why he’s ditching the dollar, and his new favorite emerging market Ed Bugos on the eternal gold question: What to buy…… Read More
Rogers Dumps the Dollar, The Coming “Doozy,” Merrill’s $8bln Loss, Russian Wheat Crisis, and More!
by Addison Wiggin & Ian Mathias Bush’s fiscal record labeled worst since LBJ by major newspaper Which well-known investor is pulling 100% of his assets out of the dollar… and why Ready for a “doozy” of a recession? Famous fund… Read More
“Trouble” Looms for the Global Economy, Electricity Bills Soar, Government Loses $1 Billion, Next Stop $100 Oil, and More!
by Addison Wiggin & Ian Mathias Stephen Roach on why “The global economy is headed for trouble” Countrywide sets up $16 billion subprime refi program… a few days late and several billion short Dollar rallies, but so does gold… how… Read More
“Gray Friday” Sinks Markets, More “Signs of the Times” from China, Bear Stearns Gets a Bailout, Dollar Woes, and More!
by Addison Wiggin & Ian Mathias “Gray Friday” honors 1987… why markets chose Friday to shed 2.5% Bear pens a deal with China A startling sign of the times… proof that China has overtaken power within the global economy Gold… Read More
Black Monday’s Eerie Anniversary, Dollar at Record Lows, Oil Breaks $90, Gold $900, and More!
by Addison Wiggin & Ian Mathias 20th anniversary of “Black Monday”… warning signs of another 22% crash The dollar’s new low… and the official report predicting even lower lows Gold at $768… the chart that points to $900 Oil breaks… Read More
Asia Dumps U.S. Treasuries, A Tech Sector Destined to Surge, Beige Book Recap, Southern Water Wars, and More!
by Addison Wiggin & Ian Mathias Central banks dump U.S. Treasuries at record rate… why another record’s in store next month Shanghai Composite sheds 3.5%… the looming catastrophe that could lower it 50% Asia’s newest growth market… 700% is just… Read More