From the category archives:

bubble

Last week we were surprised to see a 25 basis point rate cut by Australia – whose inflation and unemployment levels are in a healthy range – so to now see that even China has cut interest rates, well, that’s telling you something significant about the weakness and risks facing global growth.
First Rate Cut Since [...]

-

{ Comments on this entry are closed }

The rate at which investors are willing to lend the U.S. government money for ten years just reached a new near-term low on May 31, 2012.  Financial commentators were calling it “mesmerizing.”  How could so many people be so willing to lend money for so long and be paid so little for it?
What Is the [...]

-

{ Comments on this entry are closed }

It’s a great time to buy gold.  It’s always a good time to buy gold, of course, but right now you get a little bit of a dip.  Gold is off 17% from highs it saw last August 2011.  Right now it sits at just $1572 an ounce.
If you’re looking to do something a bit [...]

-

{ Comments on this entry are closed }

It’s been a week.  By many measures, Facebook (NASDAQ: FB)’s IPO was a disappointment, closing at only 23 cents above the offering price.  Now it is down another 1% from yesterday, closing the week at a saggy floor price of $31.91 – well below the $38 it opened at (a 16% drop).
Some commentators think it [...]

-

{ Comments on this entry are closed }

The DOW is back above 12,000 for the first time since June 2008 – kind of weird to imagine, isn’t it?  Does all feel right again in the world?  Back in June 2008 the markets buzzing full of bullish energy.  The U.S. housing sector tore it all apart, and the Ben Bernank huffed and puffed [...]

-

{ Comments on this entry are closed }

So, like many people, maybe you’re sick of the so-called “doom and gloom” crowd – that’s too bad.  Because reality doesn’t depend on fashion and it isn’t going to wait for you to agree with it before basic cause and effect takes hold and serves you up a dish you don’t like.
Niall Ferguson is different [...]

-

{ Comments on this entry are closed }

Oil and gold prices are ending 2010 on new near-term breakout highs.  After a post-crash slump that kept oil around $60-$68, oil broke out to the $80-85 range for much of 2010, but in December oil’s made new breakouts yet again.
Just this past week or so, oil touched through $90 for the first time since [...]

-

{ Comments on this entry are closed }