California’s Crash Omen of Nation’s Future
Borrow and Spend = Crash and Burn
California has always been the trend setter for the nation but never more so than today as it totters on the edge of insolvency. The theory that States or Nations cannot [...]
Economies Plummet - Markets Yawn
What Are The Markets Telling Us?
The reality disconnect between the markets and the economic news has become extreme. Consider the following headline:
World Economies Plummet- WSJ
Steep declines in the economies of three of the U.S.’s biggest trading partners [...]
Cramer VS Roubini - Nasty
Round One?
Things got real nasty as two giants in the world of financial commentary engaged in a bare knuckles brawl. Nouriel Roubini earned his reputation by being one of the few to correctly predict the ongoing economic [...]
It’s Time To Give Every Member Of Congress A Bonus
Market Investing Made Simple
Many people probably suspect that Congress causes more harm than good and now we have the proof. Forbes Magazine has uncovered what appears to be a foolproof method for timing stock purchases based on [...]
Inflation, Deflation or World Depression?
Should We Discount The Consensus?
The debate on the outcome of bailouts and money printing continues. A review of some of the current thoughts on Fed and Governmental action predict different possible outcomes - none of them particularly [...]
Economists Give Obama Grade Rating of F - An Ugly Ending
The First Test Results Are In
Obama, Geithner Get Low Grades From Economists
U.S. President Barack Obama and Treasury Secretary Timothy Geithner received failing grades for their efforts to revive the economy from participants in the latest Wall Street [...]
The Economic Collapse Continues - Logical Minds See No Signs Of A Bottom
No Signs Of A Bottom
The market continues its massive sell off in a resounding vote of no confidence on the measures being taken to reverse the economy’s downward spiral. A contrary investor buying the dips over the [...]
Do Bernanke And Obama Talk To Each Other?
Bernanke Gives Upbeat Assessment On Economy
Chairman Bernanke predicted today that the recession would end in 2009. Some of his upbeat, optimistic comments included:
“If actions taken by the administration, the Congress and the Federal Reserve are successful in [...]
Bernanke Predicts 2010 Recovery In Stocks, Housing & Economy
Bernanke Predicts Recession To End In 2009
The stock market jumped over 200 points today, partly due to Federal Reserve Chairman Ben Bernanke’s optimistic comments to the Senate Banking Committee. Some selected comments by the Chairman follow:
“If actions [...]
