By contrast, the S&P 500
Index has delivered a double-digit loss over the same timeframe. A dozen different
countries reported inflation rates north of 100%. At some
point, there will be too much debt and too much leverage. But it turns out there is a pretty reliable way to
handicap the race between Emerging and Developed Markets. The developed […]
And stocks rallied smartly. Dan Denning
for The Daily Reckoning Australia
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How Much Worse Can the Stock Market Get? Its seeds were sown when homebuilders built way too many units in places like Nevada, California, and Florida. Into that terrible breach the public sector has stepped, […]
But what about alternative energy sources? (CAM: NYSE) and FMC Technologies (FTI: NYSE), plus service companies like Halliburton (HAL: NYSE) and Baker Hughes (BHI: NYSE). If Marcio’s estimates are correct, Brazil may be the location of nearly 200 billion barrels of additional petroleum resources. I am particularly fond of the “deepwater” sector…and have been urging […]
Dollar
When People Fear Inflation or a Falling Dollar They Find Refuge in Gold
U.S. This is now. But what if this “recovery” is not all it’s cracked up to be? It was the fourth straight session gold was in the red. Dollar Strength or Oil Weakness? In the commodity pits, crude had slipped back a bit […]
You can’t keep adding debt forever to fund your way of life. government has done everything it can to keep the mortgage credit flowing and household net worth from imploding. It’s an immoral living arrangement in that respect. Paolo Pelligrini, the man who helped John Paulson make a mint shorting the U.S. And that way […]
Eighty-five million barrels a day. We’re in for some shocks that will change our lives in ways that’ll rival Pearl Harbor.”
Things could go wrong with energy supplies in any of a dozen places, according to Mr. Simmons. They mix and match, and blend it all with synthetic crude from Canada. The stark fact is that […]
And they delightedly did fail! Not a chance. But you are a really and truly a closet optimist. Everything was looking up with the baby boomers. Is everything still going up? And there are those who started out with far more and made less. Howard Ruff (a good friend to both of us when we […]
Yeah, thanks a lot. Or, to put it another way, it’s the crash that is beneficial, not the rescue. But what if you tax your neighbor on the left $100 in order to give the money to your neighbor on the right? That’s a gift too…but of a special kind. Why it is an emergency, […]
Financial institutions short-term external debt (on a residual maturity basis) is estimated by staff at about $A 400 billion (35 percent of GDP) in March 2009.”
Maybe the short-term external debt levels have improved in the last six months. “The risk is that we are planting the seeds of the next financial crisis.”
With the S&P up […]
Once again, this optimism is misplaced, as the increased supply from the unconventional sources will not even make a dent in the overall energy picture. For example, the process of extracting ‘oil’ from bitumen releases at least three times the amount of carbon dioxide emissions as regular oil production. We must prepare ourselves for sky-high […]