Global Market Commentary, Analysis and Investments
Given the wide assortment of issues facing the nation — debt, deficit, war, and bloated government — it’s actually no surprise the media is aflutter over President Obama’s Oval Office makeover.
As charming and comfy as it may be, it’s still holding court to some of Washington”s biggest problems.
[Read more...]Nouriel Roubini, or “Dr. Doom” as he’s also known, is a New York University professor and co-founder of Roubini Global Economics. As his nickname implies, his opinions tend to be on the gloomy side, and in this recent interview he describes “monetary policy as impotent” and estimates a GDP growth rate in this year’s second half of, well, just about zero percent.
[Read more...]We understand that there is no aspect of life that is risk free. Beyond the obvious personal risks (mountain climbing, sky-diving, drug running, marriage), every human activity carries some degree of risk.
In the extended era of post World War II inflation, money has continually lost purchasing power. Therefore, just staying even involves risk at some level. For business owners and self-employed professionals, the safest and most satisfying investment will be to invest in yourself rather than putting your money in the hands of financial advisors. This means expanding or refining products and services with self-generated revenues rather than by taking on loans and carrying debt.
[Read more...]The new regional automotive sales lines are being drawn, with very different outcomes in Asia and the US. Toyota, even despite its recall issues, had the largest increase in its domestic auto sales in 38 years. Chinese automakers also saw sales increase dramatically. This, of course, while sales in the US were slower last month than they’ve been in about three decades.
[Read more...]Federal Reserve Chairman Ben S. Bernanke delivered a much-anticipated speech on Friday, August 27, 2010. There was no reason to think this talk would be more or less important than his other talks except for the degree of hysteria whipped up by the media in advance.
Bernanke was addressing an audience of fellow central bankers and their camp followers at an annual gathering in Jackson Hole, Wyoming. There have been memorable comments at these late summer getaways, such as, in 2005, when past-Federal Reserve Board Vice Chairman Alan Blinder claimed then-current-Federal Reserve Chairman Alan Greenspan might be the “greatest central banker who ever lived.”
[Read more...]The egg recalls keep pouring up, with one of the latest coming out of Sparboe Farms in Litchfield, Minnesota. The farm came forward voluntarily through the Egg Safety Media Hotline.
[Read more...]In Jackson Hole, Wyoming today Fed Chairman Ben Bernanke said the risk of an “undesirable rise in inflation or of significant further disinflation seems low.” Yup, can’t argue with that.
If you are operating a bank, and you had lost your depositors’ funds by making bad real estate loans, normally you would be sweating bullets by now, or among the 14.6 million pounding the pavement looking for work. But you need not worry. You got $1.3 trillion of reserves to tide you over while your bad loans continue to deteriorate.
[Read more...]There’s been plenty of bleak news coming out of the equity markets and the U.S. economy as a whole. Are there opportunities hidden within that bad news? Are we now in one of those “blood in the streets� scenarios that Rothschild (and many investors after him) found so appealing?
[Read more...]Copyright © 2010 · Church Theme on Genesis Theme Framework · WordPress · Log in
Green Mountain Coffee Roasters (NYSE:GMCR) — CFRA Roasts Vermont’s Green Mountain
Green Mountain Coffee Roasters Inc. (NYSE:GMCR), the Vermont-based specialty coffee and coffee maker company, last week received a fairly negative research opinion from the Center for Financial Research and Analysis. How it’s impacted the stock is the issue that Dan Amoss, Agora Financial’s editor of the Strategic Short Report, has investigated.
[Read more...]