First Step: Watch this video on Canadian Healthcare Did you watch the video? I would embed it so you can watch it here, but it seems that due to technological limitations (or decisions) that isn’t going to happen. And no I’ve decided against figuring out how to circumvent such actions. So, click the link already. [...]
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Some See China’s Buying Spree on Commodities as Short-Lived – NYTimes.com. With the advent of Central Banks printing their way out of this mess the probabilities continue to point toward inflation. While the rate of expansion of the money supply has lessened it is no less continuing to rise. Should the Fed decide to sell [...]
Hold your hats folks as here are some of the forecasts for 2009 (link): GDP falling by 2.2% Slow recovery in 2010 > 9% unemployment by 2010 Decline in inflation (hmmmm… if monetary policy says anything this will reverse or at least eventually destroy the dollar) Continued decline in housing prices Decline in real consumption [...]
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This is going to be short and sweet… We’ve broken the lows from 2003. It is very possible that we go much lower from here. We may get a bounce, but there seems to be a major lack of buyers. I wouldn’t be surprised to see a gap down tomorrow as all the people who [...]
I’ve had this nagging in the back of my head saying something foul might be looming out in the near future. Normally I don’t watch Bush on TV or listen to him on the radio as I can’t stand it. That aside I watched and listened to his speech today. It sounded good… all this [...]
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12 Nov, 2008
Posted by: gauntlett In: Economy
Link The hedge fund giant, whose flagship fund is down almost 40% this year, denied a Wall Street Journal report that banks were demanding increased collateral as its losses mounted. Gerald Beeson, the firm’s chief operating officer, said Friday that it was meeting its daily collateral requirements with Goldman Sachs, Deutsche Bank, Merrill Lynch and [...]
27 Oct, 2008
Posted by: gauntlett In: Economy
This is a very pertinant watch if you are interested in the similarities of today to the 1929 crash. I keep looking at the charts and percentage changes from prior to 1929 till today. So, far we have almost retraced on the Dow 100% since the October 2002 low. If we cross that level of [...]
16 Oct, 2008
Posted by: gauntlett In: Economy
I’ve been busy watching the markets in the short-term. Is day trading for the foolhardy? Perhaps, but I’ll admit that there is a sense of excitement that is fun. Before you go jumping to conclusions have I actually been trading? NO About the most I’ve done is move a few positions around a bit and make sure that [...]
The United States’ Commerce Department’s Bureau of Economic Analysis (BEA) will stop publishing a key report tracking foreign direct investments (FDI) into the U.S. Through the discontinuation of the BEA’s “New Investment Series,” the U.S. government and the American public will no longer be able to distinguish between FDI used to acquire existing U.S. assets from FDI [...]
This may very well be an interesting day…. Asia is taking a major hit as we sleep or well we are about to sleep as is my case. Here is the latest Bloomberg headline: Asian Stocks Plunge on Credit Concern; Indonesia Halts Trading I’ve been very cautious about the markets continuing on their tumble down [...]
