Investing and Trading News, with a Contrarian, Sarcastic Twist!
The reported end, or at least pause, of QE, is exactly what the deflation camp has been waiting for. (Well…sort of. Since some liquidity is going to be hanging around in the form of “QE2.5”. Remember when Bernanke claimed that after QE1, the Fed would remove the excess liquidity from the system?)Regardless, after June, the […]
The Wall Street Journal landed a very rare interview with investing legend Stanley Druckenmiller last weekend (who you may remember from Jack Schwager’s classic The New Market Wizards: Conversations with America’s Top Traders.). When asked about the US fiscal mess, and possibility of a technical default, he gave his take: “Here are your two options: piece […]
Here’s a great interview with Felix Zulauf on FT.com, where he shares his outlook for the second half of 2011. My quick notes: Chinese economic growth will slow, because inflation is becoming a problem that must be curbed Thinks the dollar could rally significantly, as its been beaten down so much Believes commodity sector could […]
Economies around the globe seem to be slowing down a bit – but the US stock market doesn’t appear worried, sitting just off its recent highs. But India, China, and Brazil are all off their highs by double-digits. So which Mr. Market is right? Sy Harding investigates.. Ed. note: Sy published this article on Friday […]
Tomorrow, I’ll post some latest thoughts regarding inflation and deflation (thanks to reader Dave who rattled my cage on this). Here’s a small preview – when it comes to agriculture, the price trend looks destined to stay up, no matter what happens with the global economy. I’m attacking the agriculture investment story with renewed vigor. […]
Alright, so you’re all spun up on investing in the Chinese renminbi (yuan). Short of flying to Shanghai, many folks have asked – how the heck do I buy the renminbi? Good news – EverBank now allows you to open an account denominated in Chinese renminbi. Click here to learn more. In case you’re not […]
This has got to be one of my favorite Faber interviews in recent memory. And Faber telling it like it is sure exposes the CNBC crew as the Keynesians they are, I have to say. Enjoy! “Only at the Federal Reserve is there no inflation!” (Followed by a dramatic glare, then smile).
Welcome aboard the commodity bull, Jeremy Grantham! In his latest quarterly outlook letter, the acclaimed money manager (and excellent newsletter writer to boot) laid out a very convincing case for commodities. You can read Grantham’s Q1 2011 letter here (for Part I) and here (for Part II). I found these points of his to be […]
When you get waxed 30% in a couple of weeks, what good news could there be? Here’s the bright-side – for the silver bulls that didn’t get margin called, you’ve seen solid support at the 50-day moving average (blue line below) over the past 24 months: Everytime silver has touched its 50-day MA over the […]
Anecdotally, I’ve been hearing reports and thoughts that the US housing market, if not at a bottom yet, should be close to one. While this may be true for certain markets, it doesn’t appear that a base is being formed, at least yet, across the board. From the WSJ: Home values fell 3% in the […]
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