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Archive for December 2007

Markets Fall, Commercial Real Estate Crisis, Bhutto & Markets, and More!

by Addison Wiggin & Ian Mathias World markets wind down 2007… The major index that took the biggest hit Oil prices charge to $97… Why Kerr says the Bhutto assassination was only a minor factor Mish pinpoints the next sector… Read More

New Housing Record Low, The Greenback Rally, Gold and Oil Surge, $25K in Loose Change, and More!

by Addison Wiggin & Ian Mathias Housing takes yet another turn for the worst… this one an all-time low Goldman sees more pain in the financial sector… far worse than previously predicted Dollar falls, but pundits are looking for a… Read More

Retail Results, Merrill Gets a SWF Bailout, 2008 Forecasts, and More!

by Addison Wiggin & Ian Mathias Did the consumer save Christmas? The first glimpse into the holiday retail results Another U.S. bank bailed out by a foreign wealth fund… Dollar ends recent rally… a 2008 greenback hedge worth considering Byron… Read More

GDP Update, More Bear Stearns Trouble, Bush’s New BIll, Name Calling and More!

Government affirms robust growth in third quarter… say what?! How the Fed’s cash auction revealed a banking sector far from fiscal stability Dollar extends rally… has the world found a more hated currency? The Maniac Trader on the White House’s… Read More

The Best Trade Ever, Morgan Takes A Hit, The Ethanol “Dead Zone,” Ron Paul, and More!

by Addison Wiggin & Ian Mathias How the most profitable trade in history saved Goldman Sachs Another bank bites the dust… another SWF lines its pockets Chris Mayer on how falling home prices are even worse than they seem Our… Read More

Debt Rises to $60 Trln, Huge China Opportunity, Unlimited Cash from the ECB, An Oscar for I.O.U.S.A.? and More!

Government admits to over $60 trillion in debt ECB offers banks of the world UNLIMITED cash… fire up the printing press U.S. trade deficit hits two-year low… the real source of our latest shortfal Could the Chinese have botched their… Read More

Global Markets Fall, Hot Commodities for 2008, The Dollar’s Comeback, and More!

by Addison Wiggin & Ian Mathias Markets fall across the world… the sneeze in the U.S. that sickened the globe Record emerging market IPOs… Mayer calls “phooey” on the international credit crisis The Maniac Trader on the commodities set for… Read More

More From Greenspan, Ron Paul’s Portfolio, A 2008 Penny Play, and More!

Greenspan ups his recession odds, says there’s nothing Bernanke can do Blackstone throws billions at what might prove to be the contrarian play of the year Oil backs off yesterday’s spike… Byron King on what to expect for the next… Read More

Fed’s New Bailout, Biggest Salary in Banking History, Resources Rally, and More!

by Addison Wiggin & Ian Mathias Fed unveils yet another rescue plan… markets didn’t buy it — will you? Greenspan denies fault in credit crunch of 2007… banks of the world harmoniously retort Expecting a raise this year? So is… Read More

Rate Cut Recap, The Growing China-U.S. Trade Imbalance, Restaurant Prices to Rise, and More!

by Addison Wiggin & Ian Mathias Fed rushes to rescue the market… but sends stocks plummeting What’s next for the FOMC? The 5 decodes the latest batch of “Fed-speak” Restaurant prices to rise, industry growth set to slow Could Russia… Read More