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Archive for January 2008

Another Rate Cut, More “Stimulus,” Crazy Weather in China, The Super Bowl, and More!

by Addison Wiggin & Ian Mathias Mighty American consumer shows new signs of strain Markets react to 1.25% rate cut in a week: “Is that all?” Tales from the credit crunch: MBIA gets bailout, S&P cuts ratings Senate’s stimulus: Costs… Read More

GDP Plummets, FOMC Meets, FBI Goes After Subprime, Chinese Ban Bags, and More!

by Addison Wiggin & Ian Mathias Scary GDP reading… IMF says brace for worse House passes economic stimulus… Dr. Richebacher on what to expect from this government aid Cheap dollar spurs foreign investments… Chris Mayer on the unlikely targets of… Read More

The Real State of Our Union, The End of “Buy and Hold,” The Loonie, Chavez, and More!

by Addison Wiggin & Ian Mathias Scary new foreclosure stats, same old State of the Union… how America has become its own worst enemy How long do you hold your stocks? New figures reveal buy-and-hold gives way to churn-and-burn The… Read More

Markets Back to Square One, Asia Falls, Worst Housing Year Ever, Private NYC Tunnels, and More!

by Addison Wiggin & Ian Mathias Asian stocks crash, another hectic market week begins… but has anything truly changed since this time last week? Latest home sales data seals the deal… 2007: Worst year for housing on record Chuck Butler… Read More

Stocks Rally, Nasdaq Indicator, Soros on the Recession, Zimbabwe’s New Bill, and More!

by Addison Wiggin & Ian Mathias Markets manage another day of gains: Chart shows a Nasdaq on the canvas… but not out for the count George Soros on the unavoidable recession and a “radical realignment” If bond insurers lose their… Read More

Bizarre Market Rebound, Housing Hits Depression Era Lows, The Biggest Fraud in History, and More!

by Addison Wiggin & Ian Mathias It’s official… 2007: The worst year for housing in most of our lifetimes U.S. markets awake from the dead with surprise rally… Dan Amoss on yesterday’s sudden sea change Tentative deal reached on U.S…. Read More

Fed Speak Translated, VIX Spike, Water Crisis, and More!

by Addison Wiggin & Ian Mathias The 5 translates the latest Fed fodder… more rate cuts imminent, but by how much? Investors experience tech bust-level fear… how the VIX shows us the hard times might just be starting Dan Amoss… Read More

Fed Panic, World Markets Fall, “The Other Shoe Drops,” Mexican Real Estate, and More!

by Addison Wiggin & Ian Mathias Markets of the world endure massive sell-off… worst single day in decades Panic at the Fed! Bernanke cuts rates by 75 bps… evidence that traders are STILL unsatisfied Dan Denning with proof that “the… Read More

Bear Markets Abound, Bond Insurers In Peril, Another Chinese Boom, and More!

by Addison Wiggin & Ian Mathias Wall Street sells off again… critical chart reveals the end of the markets’ 4-year rally Bears abound: Several markets 20% off their highs… Gunner on where money could still be made Dan Amoss on… Read More

Bernanke Testimony, Booming Canadian Housing, China & Gold, The Smell of Subprime, and More!

by Addison Wiggin & Ian Mathias Roller coaster markets turn to the Fed… how Bernanke & company are “not really in control” More blood spilt at Merrill Lynch… bank announces biggest lost in its 94-year history Tired of watching your… Read More