Investing and Trading News, with a Contrarian, Sarcastic Twist!
Here’s a nice contrarian viewpoint put forth by Stratfor – they believe the US will be the first country to lead the world’s global economic recovery, starting as early as the 3rd quarter of this year. And then Asia’s recovery won’t be far behind. Stratfor produces excellent analysis about geopolitical ongoings…basically a “personal CIA” delivered […]
US households are paying back their debts at a glacial pace reports the Federal Reserve. Household debt peaked at $13.9 trillion in 2008 (with a “T”). Amidst all the deleveraging and pain of the last 18 months, total debt has inched down just a hair, to $13.8 trillion. At this rate, the US consumer will […]
I’ve come to the conclusion that in roughly March of 2008, the general tide shifted from inflation to deflation for the first time since World War II. Since that shift, everything we have seen has been pretty much deflationary. Oil is half of where it was about a year ago. Ditto for corn and soybeans. […]
Last night I had the opportunity to sit down with PG, who is the head of a small refinery based in Texas. We talked about the economy, and most specifically, crude oil – where the price may be heading, and supply/demand considerations. (OK it’s my father-in-law…we were having an after-dinner beer…but I’ll take his insights […]
Here’s an update on the government efforts to revive the economy…courtesy of The Onion, here’s your afternoon entertainment! Obama To Hold Job Performance Review With Every American Worker
We’ve been discussing market and societal cycles in great detail recently, as we try to uncover clues as to how this current mess is going to continue to unfold. History may not always repeat, but to quote Mark Twain, it certainly rhymes. I have little doubt that we are now in a secular bear market […]
Whoa, check this out…a nifty “US National Debt Clock” that was neatly crafted by a concerned, fiscally responsible citizen. Warning: You may crap your pants. And a must see deficit video…Press Secretary Gibbs says “billion” instead of “trillion”…and is quietly corrected.
Nice scoop by the Daily Crux – Richard Russell’s comments about current dividend levels…or lack thereof! The second quarter of 2009 was a dismal one for corporate dividends. Standard & Poor’s recorded an all-time low of 233 dividend increases plus resumptions and extras. During the April through June period, the 7,000 publicly-owned companies that S&P […]
It’s Christmas in July! Maybe not quite, but I do derive similar (twisted?) satisfaction whenever an email from our local real estate agent pops into my Inbox! Yes, you may remember our friend from past gems like the dumbest explanation of inflation – ever. Well she’s back…and making less sense than ever before. Without further […]
Uh oh, looks like a nasty wave of deflation may be coming back to the markets in a big way! Last time we saw this movie, just about everything except for the US dollar was completely ravaged. I sold my two remaining futures positions this morning, and now have moved most of my assets into […]
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