Archive for April 2008

U.S Not Yet In Recession, Why Gasoline is Still Cheap, Two Crisis Proof Financials, and More!

by Addison Wiggin & Ian Mathias U.S. not in recession, says gov.… one common-sense indicator to the contrary Kevin Kerr’s startling figures: Why $3.61 gas is still cheap Credit crisis continues… two financials that have totally dodged the subprime bullet… Read More

Housing’s Downward Spiral, America’s New #1 Worry, How Oil Could Go Back to $80, Food Price Forecast, and More!

by Addison Wiggin & Ian Mathias Housing takes another turn for the worst… three data releases all indicate no bottom in sight Yet the U.S. consumer has a new No. 1 economic concern… Global strife keeps oil near record highs…… Read More

Rebate Checks, Energy Prices, Sell In May, The U.S. Recession, and More!

by Addison Wiggin & Ian Mathias Bush declares no recession for U.S…. positive GDP reading seems imminent Ready to be stimulated? First round of guv’ment rebates hits digital inboxes today Kevin Kerr on a rising cost stinging all Americans… farmers… Read More

A Reason to Celebrate, Dollar Rebounds, Rice Still Crazy, Housing Outlook, and More!

by Addison Wiggin & Ian Mathias The 5 turns 1… our birthday present to you Dollar rallies… which commodities have pulled back and which rage ahead U.N. chief calls for “immediate action” to solve a sudden “real global crisis” Financial… Read More

Rice Prices Getting Scary, Dollar Rallies, Bond Insurers Hit the Fan, Gold Forecast, and More!

by Addison Wiggin & Ian Mathias Food prices rise again… rice crisis goes from troubling to frightening overnight Dollar rallies… which commodities felt the sting of a stronger greenback More financial earnings announcements, more write-downs… Dan Amoss on investing in… Read More

Oil $119, China Running Out of Coal, Corn Watch 2008, Death of Hollywood, and More!

by Addison Wiggin & Ian Mathias Oil $119… how emerging nations changed the near- and long-term oil outlooks overnight China’s coming energy crisis… coal reserves at stunning lows Dollar in the dumps… euro hits record, another currency races toward dollar… Read More

China Overtakes U.S., Home Sales Drop Again, The Latest Commodity Boom, Japan’s Butter Shortage, and More!

by Addison Wiggin & Ian Mathias China overtakes U.S…. twice. Which major U.S. titles now belong to the Red Nation Latest housing stat stinks… but didn’t disappoint. Is a bottom approaching? Food prices finally take a breather… blame game begins… Read More

BoA’s Big Disappointment, Shanghai Bear Market, U.S Food Rationing, Europe Hates the Dollar, and More!

by Addison Wiggin & Ian Mathias Another multibillion-dollar write-down hits the Street China gets chopped in two… Shanghai Composite erases 2007 gains Rice at another record high… U.N. warns of coming “silent famine,” food rationing hits U.S. soil Kevin Kerr’s… Read More

Employment Stats Point to Recession, Heads Rollin’ on Wall Street, Financials Outlook, Universal Healthcare and More!

by Addison Wiggin & Ian Mathias Two rarely reported employment trends point to imminent recession Heads roll on the Street… how the latest firings are pushing the globe to tech bust-level pain Citigroup’s latest mega write-down…. Dan Amoss’ short-term financials… Read More

How Subprime Will Hurt Your Kids, Byron King on $115 Oil, Food Crisis Getting Serious, $2 Mil Camels, and More!

by Addison Wiggin & Ian Mathias The latest victims of the subprime meltdown… your kids Highlights of the Fed’s latest Beige Book… why a rate cut is all but certain Gas, oil, food… fresh all-time highs Byron King gets behind… Read More