Bull Market in Government Benefit Recipients Rolls On

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Q: What bull market, other than US Treasuries, has been roaring nearly uninterrupted since 1983? A: The percentage of US households receiving some government benefit! This number has steadily risen from a “mere” 30% in 1983 to a current, hearty 49.1%.  I was actually surprised to see the number that much lower as recently as […]

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The bear market in life, liberty, and property may still have some room to run – especially if today’s election in France is any indication.  The need for austerity will soon meet unrealistic handout expectations in the US, Western Europe, and Japan, writes David Galland. On the bright side, though, the economics professor from Florida […]

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Hats off to the talented (and brave) soul at the Congressional Budget Office who put together three illustrative infographics on the US Federal Budget (or Deficit, depending on your level of skepticism).  This may be the first time a picture has been worth a trillion dollar shortfall! When $2.3 Trillion Doesn’t Quite Get It Done […]

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Jeffrey Gundlach, CEO of DoubleLine Funds, put together a great presentation themed “The Decline and Fall of the Roman Empire” – which highlights the dire situation now faced in present day America.  Below are his slides – well worth a spin through. Hat tip Zero Hedge for posting, and Josh S. for forwarding along! 2-14-12 […]

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Is Europe’s Atlas beginning to shrug at the weight of the continent’s collective sovereign debt?  Courtesy of John Mauldin’s Weekly Letter: Speaking of downgrades, Egan Jones downgraded Germany from AA to AA- and put the country on negative watch. This is important, as this is what I believe to be the most credible rating agency; […]

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If you were hoping Santa would bring a thorough analysis of the worldwide debt crisis, along with a thoughtful economic and investment outlook for 2012, have we got an early Christmas present for you! Our friend and regular contributor, financial analyst Glenn Cohen, has been kind enough to share his confidential December 2011 Cohen Plan […]

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Some very foreboding straws in the wind… (Big hat tip to our regular reader and correspondent Dr. Evil, who greatly assisted with this piece!) 1. The spread on 10-year French debt over German bunds reached 2%, the highest since the formation of the euro.  Lately we’ve seen the market increasingly question France’s ability to serve […]

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Tax revenues may be the most reliable of all government economic statistics, as few people volunteer to pay more taxes than they owe (I’m looking in your direction, Mr. Buffett). I remember reading a couple of years back in Dennis Gartman’s letter that he believed the years 2004-07 were actually stronger than thought economically because […]

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Great job by our pal Jonathan Lederer, who hit the nail on the head in his most recent market commentary.  He actually published this piece Friday morning, as the markets were going ballistic – too bad I didn’t get the piece published until this morning!  Oh well, as long as you’re not short-term trading (and […]

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About Author

Brett

Hi, I’m Brett Owens – and I’m a financial junkie. My “problem” started incollege, when I got a little dose of the stock market – man, was I hooked…in no time, I was reading the Wall Street Journal religously.

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