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Archive for November 2008

Housing Finds New Low, Prime Mortgage Defaults Soaring, Another $800 Billion Bailout, Gold’s Historic Rally, and More!

by Addison Wiggin & Ian Mathias The housing bust deepens… one surprising stat shows it could enter a whole new low FDIC “problem list” grows, U.S. economy shrinks… Obama’s plan to spend our way back to growth Fed announces two… Read More

Home Prices Plummet, Citi Rescue, Behind the Market Rally, Great Depression Lesson, and More!

by Addison Wiggin & Ian Mathias Housing bust worsens… biggest annual drop in home prices — ever. Add another bank to the taxpayer bailout bill… details behind Citi’s weekend rescue Obama picks economic team members, markets rejoice… our thoughts on… Read More

Comparing Bear Markets, What’s Behind the Sell-Off, The 13 Stocks Not in the Red, Auto Bailout On Vacation, and More!

by Addison Wiggin & Ian Mathias S&P 500 sinks to 11-year low… Chris Mayer explains massive forced selling on Wall Street Probably a good time to get our fiscal house in order… Rob Parenteau with some personal finance advice Have… Read More

Markets at Critical Junction, S&P 500 Penny Stocks, Buy Gold at This Price, Automaker Bailout and More!

by Addison Wiggin & Ian Mathias Markets plunge… Dow, S&P 500 technicals on the verge of either historic bottom or precipitous fall Greg Guenthner on the decay of household stocks… over 100 S&P names less than $10 Moving markets today…… Read More

Strange Gold and Dollar Moves, Record Setting Housing and Inflation Data, The Automaker Bailout, and More

by Addison Wiggin & Ian Mathias Record-setting inflation and housing data… how your dollar and gold holdings reacted Dan Amoss on Fed policy and “the likely outcome of this crisis” Bill Jenkins shares a long-term currency trading opportunity Rob Parenteau… Read More

Which is more expensive… Credit Crisis or WWII? The 2009 Reflation, What “Smart Money’s” Buying, and More!

by Addison Wiggin & Ian Mathias Government financial bailout now most expensive endeavor in U.S. history… tops even WWII So why is no one worried about inflation? Chris Mayer on the “reflation” of 2009 Market volatile as ever… Surprising places… Read More

Obama Says Don’t Worry About Debt, Whole Cities Seek Bailout Bucks, Job Cuts, Gold Forecasts, and More!

by Addison Wiggin & Ian Mathias Welcome to the Fantasyland issue of The 5… “Shouldn’t worry about the deficit,” assures Barack Obama… “yes we can” keep spending Can’t balance the budget of your dreams? Call the Treasury… Atlanta’s doing it… Read More

Market Bottom? Dubya’s Speech, An Oil Forecast, Escaping the Credit Crisis, and More!

by Addison Wiggin & Ian Mathias Bush speaks, markets surge… did Dubya deliver a market bottom? More dismal data… record jobless claims, foreclosures Government budget expanding at 4 times 2007 pace… T-bond sales show crack in Empire’s armor Byron King… Read More

The New TARP, Stocks Cheap Enough Yet? Escaping the Global Recession, The Dububble, and More!

by Addison Wiggin & Ian Mathias Paulson reworks financial bailout: New targets for investment… even you can apply! Markets plummet… Bill Bonner on when stocks will be cheap enough to buy OECD predicts global recession… Germany admits contraction has already… Read More

American Optimism, Russia’s in Trouble, But Good News for Oil, Breakthrough Med Tech, and More!

by Addison Wiggin & Ian Mathias American optimism at all-time low, 2009 recession imminent… Fannie and Freddie to the rescue? Chris Mayer with good news for oil investors Another day, another double-digit decline… Russian market, currency plummeting Pat Cox with… Read More