Archive for June 2008

Worst June Since 1930’s, How to Escape the Credit Crisis, 2008 Growth and Inflation Forecast, The New Milk Jug, and More!

by Addison Wiggin & Ian Mathias The 5 wishes bon voyage to the worst June since 1930 Has any nation escaped the credit crunch? The many that didn’t, and two that did… sort of Banking think tank calls for “uncomfortably… Read More

Markets Fall, The Next Bottom, Buying Opportunities from Mayer and Butler, Record Oil and Gold, and More!

by Addison Wiggin & Ian Mathias Markets plunge around the world… the blow-by-blow recap of the latest sell-off Dow retests bottom, fails… two indicators of how far stocks might fall One of Chris Mayer’s favorite “crappy market” investment themes Chuck… Read More

Fed Leaves Rates Alone, Gov Confiscates Stimulus Checks, Mexico Threatens U.S., Chinese Car Buying Surges, and More!

by Addison Wiggin & Ian Mathias Fed leaves rates unchanged… Buffett on the likely future of interest rates, and the U.S. economy Why the government might be cashing your stimulus check for you Zimbabwe dollar plummets into the abyss… $1… Read More

More Millionaires, Government Housing Bailout, The Fed’s Real Agenda, Commodity Advice, and More!

by Addison Wiggin & Ian Mathias Rich get richer… more global millionaires, despite rocky markets More bad news for housing… Congress unveils its latest bailout plan U.S. debates drilling offshore, banning speculation… another Asian nation quietly plans commodities trading exchange… Read More

Home Prices Continue to Fall, Consumer Confidence at 16 Year Low, Buying Mexican Gas, Donald Trump and More!

by Addison Wiggin & Ian Mathias Home prices continue momentous fall… all major cities post annual declines Consumer confidence plunges… inflation outlook and “future expectations” at record worst A classic “sign of the times,” courtesy of Donald Trump California gets… Read More

Market Looks to Retest, Soros on the “Superbubble,” Biggest LBO Ever, Kerr on Oil, and More!

by Addison Wiggin & Ian Mathias Wall Street sells off… major indexes look ready to retest credit crisis lows George Soros on the “superbubble” about to pop, and the likely aftermath Goldman Sachs, Citi issue dark news… more cuts and… Read More

Bold Bank Forecasts, Why Bear Stearns Still Matters, Fed’s $1 Trillion Folly, China Rattles Oil Market, and More

by Addison Wiggin & Ian Mathias Global banks issue stern warnings… “panic” and “catastrophe” around the corner Ed Bugos on Fed policy… Bernanke talks the talk, but will he walk the walk? Two Bear Stearns fund managers arrested… Chuck Butler… Read More

Gas Prices Hurting Americans… Even Kids, Two Booming Chinese Industries, Credit Crisis Forecasts, and More!

by Addison Wiggin & Ian Mathias Americans driving less… biggest reduction since gas shortage scare of 1979 Gas prices remain at records… how fuel costs are about to damage the U.S. education system Two booming Chinese industries… in spite of… Read More

Seniors In Debt, Prices Rising Everywhere, Airline Woes, A Truly Precious Metal, and More!

by Addison Wiggin & Ian Mathias Startling stats on seniors in debt… bankruptcy rates among elderly soar 5-fold! Pushing salt in the wound… health care costs set to rise double inflation rate until 2010 Oil ticks up another buck… 8… Read More

Housing Crisis Still Bottomless, Global Money Supply Surging, Electricity Bills to Rise, The Zero Emissions Car, and More!

by Addison Wiggin & Ian Mathias After a month’s reprieve, housing hurt back with a vengeance… two new lows, one new high Global money supply surging… Chris Mayer on how to invest accordingly Two energy commodities outperforming crude oil… and… Read More