Investing and Trading News, with a Contrarian, Sarcastic Twist!
On Wednesday I came across this fascinating analysis about the debt spiral the US now finds itself in, written by Professor Antal E. Fekete at the San Francisco School of Economics. I asked Prof. Fekete permission to republish his article here, and he was kind enough to grant my request. Hope you enjoy this piece. […]
Source: Steve Sack, Minneapolis Star Tribune Thanks Steve for allowing us to republish!
In this guest article, Stratfor’s George Friedman details the underlying rifts heading into the G-20 summit – primarily between the “bailout/stimulus” brothers US and UK, versus France and Germany, which are not laying on stimulus packages of their own, but being export driven economies, are benefitting from the UK and US charity plans. The […]
Jack Crooks, one of the most successful currency investors of all-time, told DailyWealth’s Steve Sjuggerud that he believes the US Dollar will perform quite well over the next few years. We take a contrarian view. We’ll get nervous when everyone loves the dollar. In our view, since people still don’t like the dollar, there are a […]
Corn and soybean futures each jumped roughly 5% today after the USDA released its Planting Intentions Report. Some quick highlights from the report reveal that there appears to be plenty of corn and beans coming our way, but cotton will continue to be neglected, as we had anticipated. Corn acreage is down 1% from last […]
Rick Wagoner is out as CEO of Government Motors, per an edict handed down from the Obama administration. Not that Wagoner didn’t deserve to be fired (he did – many times over)…but does it bother anyone else that the government is now firing private sector employees?
Here’s a short interview Marc Faber gave for Bloomberg recently (week of March 23rd), where he gave his current thoughts on US equities and Treasuries: Faber’s thoughts: Markets became extremely oversold on March 6, when the S&P touched 666 This rally may have some more legs, because the government is printing money – so asset prices may rise […]
The Economist reports that researchers at the University of Nevada at Reno have found that coffee grounds can be turned into biodiesel that is comparable in quality to top biodiesel on the market today. Because the biodiesel is made from grounds, no extra land has to be diverted in order to generate the inputs for […]
Are we in a deep cyclical downturn, or the first few innings of The Greater Depression? This is the question many investors are trying to answer, because this is what it all gets down to. If we are “merely” in a deep recession – likely the longest and deepest since the 1930’s – then we […]
BCA Research reports that China is gradually moving its foreign reserves out of US assets, estimating that China currently has about 64% of its reserves in US assets, down from a high of 84% in 2003. BCA’s report also breaks down the types of US assets the Chinese have been purchasing, which recently has been […]
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