Archive for February 2008

Bush on Gas Prices, Bernanke Speaks, More Resource Record Highs, Mary Jane Vending Machines, and More!

by Addison Wiggin & Ian Mathias Gas prices just short of all-time high… Bush reveals confusion, then brilliant legislative solution Bernanke back on Capitol Hill… how his words moved markets Dollar, oil and gold all further record levels Billions more… Read More

Bernanke on the Economy, Greenspan on the Dollar, New Home Sales Sink, Lake Mead Sucked Dry, and More!

by Addison Wiggin & Ian Mathias Bernanke back on Capitol Hill… “Fed speak” translations show more rate cuts, higher inflation Why a former Fed chairman gave the dollar a “slap in the face” Housing takes another turn for the worse…… Read More

Home Prices Sink, 7% Inflation in U.S., Consumer Confidence Falls, Record High Gold, Silver, & Oil… and More!

by Addison Wiggin & Ian Mathias Home prices fall at record rate… which markets sunk the lowest Consumer confidence plummets… “future expectations” reach 17-year low Producer inflation soars to 7.4%… Kevin Kerr on why the worst is yet to come… Read More

Bond Insurers Keep AAA, Housing Takes Turn for the Worse, Rogers & Greenspan on U.S. Economy, and More!

by Addison Wiggin & Ian Mathias What MBIA, Ambac, Exxon Mobil and GE still have in common… and why it moved markets Home sales hit new lows, foreclosures new highs… where the fallout is the worst Jim Rogers on the… Read More

New Bank Superfund, China’s Bear Market, Silver on the Rise, and More!

by Addison Wiggin & Ian Mathias Global banks unite for another bailout “superfund” — who’s the target and how it’s moving markets More Shanghai shellacking… Mayer on opportunities still remaining despite a recent Chinese bear market Dollar flirts with all-time… Read More

U.S. Debt In Foreign Hands, Russia to Buy Fannie and Freddie, Financials to Fall Again, and More!

by Addison Wiggin & Ian Mathias Surprising data: U.S. debt still has takers… is our democracy doomed? Russian SWFs get OK to invest in America… but only in the two worst stocks on the market Analyst that predicated the January… Read More

Fed Alters Growth Outlook, FOMC Minutes Decoded, Possible Global Famine, A Suprime-Proof Market, and More!

by Addison Wiggin & Ian Mathias Federal Reserve alters yearly forecast… even the moneymakers see a gloomy 2008 FOMC minutes reveal more rate cuts to come… but perhaps a “rapid reversal” soon after Great modern minds collide… Volcker, Richebacher, Roubini… Read More

Forecast – Oil back at $100, Global Market Volatility, CPI and Housing Stats, and More!

by Addison Wiggin & Ian Mathias Oil hits another record high… Byron King on the “real reason” $100 oil is here to stay Global markets swing up, then down… blow-by-blow of the latest worldwide volatility Mixed readings from the latest… Read More

New Government Deceit, Walker Resigns, Northern Rock Nationalized, Private Equity in India, and More!

by Addison Wiggin & Ian Mathias Markets back on the rise… but a long-term trend is yet to reverse On the verge of recession, U.S. government moves to shut down economic stats site U.S. comptroller general resigns… how Walker’s new… Read More

David Walker Resigns

Wow. Big news. So big we couldn’t wait until our next edition on Tuesday. So put the kids to bed. Here we go… it’s a 5 Min. Forecast OVERTIME briefing:   David Walker Resigns as U.S. Comptroller General “As comptroller… Read More