Investing and Trading News, with a Contrarian, Sarcastic Twist!
Marc Faber’s observations on a CNBC interview from January 19, 2009: The corporate credit markets have improved somewhat He expects government bond markets to weaken, due to the increasing unlikeliness they will be able to pay off their mounting deficits – believes this may be the “next shoe to drop” There’s a very good chance […]
This guest article about Obama’s Newer Deal, courtesy of Casey Research’s David Galland, includes a free special report on the Obama administration, and what it means for your investments. Enjoy! Obama, Keynes, and PragmatismBy David GallandManaging Editor, The Casey Report On several occasions of late, I have read or heard the phrase, “We are all […]
On Monday, the USDA released it’s agriculture supply and demand projections, which sent grains “limit down” for the day across the board, and many of the softs down sharply as well. That proved to be the worst of it – as grains slowly recovered during the week as the market digested the news, finishing the […]
From our friends over at Market Folly – coverage of Peter Schiff’s latest comments regarding the bubble in US Treasuries – brief excerpt here, click the link above for the full coverage. “However, since the only way the Fed can buy bonds is by printing money, the more bonds they buy the more inflation they […]
Jan. 16 (Bloomberg) — Sugar prices rose, posting their fourth straight weekly gain, on speculation that demand for imported supplies will increase this year in China and India, the world’s largest consumer.… Also worth noting: Reduced supplies from India likely will widen a global market deficit that Czarnikow Group Ltd. estimates will be 5.8 million […]
Corn farmers could be in some trouble this year reports the Batavia News, an upstate New York newspaper. The (corn) price has been hovering near $4. That could be trouble for farmers if there is an average or below average crop.Many of his customers have ordered more soybean seed. That crop requires less fertilizer. New […]
Stratfor reports that more European nations are likely to face credit downgrades, and that, ultimately, a restarting of the global economy and flow of credit will be needed to drive down the cost of debt financing. The article mentions how the massive amount of debt being issued by the US Treasury, in the form of […]
From Stratfor: The International Energy Agency (IEA) released figures Jan. 16 indicating global oil consumption will fall in 2009, The Associated Press reported. The IEA blamed the global economic crisis for the reduction in oil demand, and said a drop this year is the first two-year slide since 1982-1983. The IEA forecasts oil demand will […]
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He asks Bernanke at the end, and he skirts the gold standard question. Just got done reading the latest Casey Report, which has an interview with Ron Paul. He recites a story about Paul Volcker, who in the early 80’s, came into a room 1st thing one morning and immediately asked one of his staffers: […]
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