Investing and Trading News, with a Contrarian, Sarcastic Twist!
Last weekend, I listened to the replay of Google’s earnings call/webcast – which sent GOOG up over 10% last Friday. It was Larry Page’s first quarter as Google CEO – he’s off to a pretty good start. GOOG leaps 10% after reporting earnings and Google Plus early returns. The market appeared to be most excited […]
Faber’s interviews with Jim Puplava are the absolute best, in my opinion. A few minutes is far too constraining for a mind like Faber’s – give the man some room to run! And Puplava does, with a 50+ minute interview that absolutely flies by. Faber tells all in this one, sharing his thoughts on QE3, […]
David Galland interviews Terry Coxon, The Casey Report Terry Coxon worked side by side with best-selling author Harry Browne for years and is a rare expert in the arcane study of monetary systems. His remarks at this juncture in time, a time that might end up labeled in the history books as “Money Runs Wild,” are […]
Gary Shilling, one of our favorites, was on Yahoo Tech Ticker today. He sees housing taking another 20% hit from here (at least), which he believes will trigger another massive recession. The interview is just 5 minutes, and they cut Shilling off when the going got good, but it’s still worth a watch. Here’s my […]
We’ve been watching the sovereign debt of Spain and Italy quite closely this year – and today, we saw the biggest fireworks yet. Our friend and correspondent Dr. Evil had astutely tipped us off to the significance of the debt on the balance sheets of Spain and Italy. While the world focused on Greece, these […]
These are the types of days that must make Bernanke yearn for QE3. It’s all red on the screen, except for a few notable exceptions – namely gold, and the dollar. The dollar has turned around nicely since its late April lows, and has quietly traced out a set of “higher lows”. The buck (decline) […]
No jobs is not necessarily a bad thing in and of itself (Eat People, anyone?)…unfortunately I don’t think the latest jobs report was driven by any massive productivity enhancing automation of the human workforce! —- Being Street Smart Sy Harding Jobs Report Rains on Soft Spot Hopes July 8, 2011 The Labor Department’s employment report […]
Long-Term View By Carl Swenlin (This is an excerpt from July 8, 2011 issue of the blog for Decision Point subscribers – click here to subscribe.) Dealing with daily blogs tends to narrow our focus to the short-term and to the activity on the daily bar chart. Even if a person trades in the short-term, […]
Sovereign Man’s Tim Staermose shares a staggering stat about China’s local government debt: It’s interesting to note that China’s National Audit Office (NAO) recently published a report which says the country’s outstanding local government debt is now equivalent to $1.7 TRILLION. That’s a huge figure — about 27% of China’s GDP in 2010. Because the […]
Our daily Italy Debt Watch continues! Yields are once again hot, up another 5bps at I type (11:30am Pacific time). Italy 10-year yields are blowing up! (Source: Bloomberg) The most popular story on Bloomberg today features hedge funds piling into bets on the European debt crisis getting worse: Hedge funds that trade bonds and loans […]
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