Investing and Trading News, with a Contrarian, Sarcastic Twist!
We should always be careful when everyone is on one-side of a given trade…just ask anyone who went into last week long silver! Regular columnist Sy Harding returns this week, cautioning against the current prevalent belief that all stock dips are to be bought. Here, he shares his thoughts about the disappointing economic numbers, along with […]
Courtesy of our good friend (and now intrepid roving reporter) Jonathan Lederer, here’s an exclusive scoop on Gary Shilling’s commentary from last week’s Altegris/John Mauldin Hedge Fund Conference in La Jolla. 1) Deleveraging has barely begun and will last for many more years due to the huge growth in credit since the 50s 2) He still […]
Despite repeated rhetoric from Beijing that the renminbi’s rise would be slow and orderly, this snowball appears to be gaining real momentum, as evidenced its past month’s performance versus the buck. Beijing is now admitting that curbing inflation is their top priority: China’s yuan traded near a 17-year high after the central bank reiterated its […]
Beijing remains concerned about corn supplies, especially in the medium to long-term, the South China Morning Post reports, as China is becoming a big-time importer of corn: “China’s net import of corn could exceed 20 million tonnes in three years,” said Liu Xiaobo, a Shanghai-based food analyst from Everbright Securities. “Most of the corn imports […]
I’m thrilled to report that while in Singapore last week, I had the great honor of interviewing Jim Rogers in person. He was extremely kind in hosting me and entertaining my questions, and I’m excited to be able to share our fun 45-minute chat with you here. As you may know, I’m a longtime reader […]
Though I am pumped and expect the things I report back to make up for the lack of quantity! I’m off to Asia – Hong Kong, Taiwan, Singapore, and Thailand. Will be back in late April. If you have any recs on things to do in these countries, I’d appreciate a heads up! And you […]
Regular readers know that I’m not exactly a huge fan of Microsoft’s software porfolio circa 2011 and beyond. (For my full scathing analysis, click here). But it is looking like many investors now agree with my pessimistic take – in fact, by looking at the MSFT chart, there may be nobody left to sell – at least […]
Admitting the problem is the first step – and it appears Portugal is close to starting this 12-step program. The Financial Times reports: Portugal is in the midst of a political crisis following the resignation of the prime minister José Sócrates yesterday (24 March) following his parliament’s rejection of fresh spending and deficit cuts. Mr Sócrates […]
When 2011 dawned, it was widely believed that the stock market would be OK, and likely continue to rise for the first half of the year, as economic reports were expected to continue to improve. And lo and behold, the financial crowd was right on the money! But now that the first quarter is behind […]
Last night my pal and reader Jonathan Lederer sent out a great comparison piece to his clients, harkening back to Japan’s last major earthquake in 1995. I asked Jon if we could republish here on the blog, and he graciously said it was cool to do so. And to his credit, this piece dropped in […]
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