Gold Stocks Today » private sector de-leveraging

Lengthy Recession: The Real Contribution of Modern Economics

Bill Bonner — Tue, 31 Aug 2010 21:00:20 +0000

Why don't people borrow? Because it's not a liquidity problem. It's a debt problem. A solvency problem. And it won't go away by making more cash and credit available. Instead, all those bad decisions, bad loans, and bad investments have to be cleaned up. And that takes time. And while the economy is de-leveraging, people [...]

Lengthy Recession: The Real Contribution of Modern Economics originally appeared in the Daily Reckoning. The Daily Reckoning, offers a uniquely refreshing, perspective on the global economy, investing, gold, stocks and today's markets. Its been called "the most entertaining read of the day."

The Mistake-Correction Cycle of Real World Economics

Bill Bonner — Fri, 27 Aug 2010 17:00:51 +0000

We went to our last summer soiree last night. It took place at a neighbor's chateau, where a large, ancient stone barn had been transformed into a dining room for 100 people. “We're screwed…so are you…�? said a friend. First, an update from Wall Street: the Dow was unable to sustain a bounce yesterday. It [...]

The Mistake-Correction Cycle of Real World Economics originally appeared in the Daily Reckoning. The Daily Reckoning, offers a uniquely refreshing, perspective on the global economy, investing, gold, stocks and today's markets. Its been called "the most entertaining read of the day."

Stock Market Rally Running Out of Steam

Eric Fry — Wed, 25 Aug 2010 18:32:50 +0000

It's always a little tricky to know exactly what an economic recovery looks like. But it's usually pretty easy to know what it doesn't look like…and it doesn't look anything like the chart below: An economic recovery doesn't look anything like this either: Not surprisingly, therefore, the euphoric global stock market rally that began early [...]

Stock Market Rally Running Out of Steam originally appeared in the Daily Reckoning. The Daily Reckoning, offers a uniquely refreshing, perspective on the global economy, investing, gold, stocks and today's markets. Its been called "the most entertaining read of the day."

Spending Cuts in the Age of De-Leveraging

Bill Bonner — Tue, 27 Jul 2010 17:00:27 +0000

As we were saying yesterday, there are several schools of thought regarding the present economy. 1) We're recovering… (Geithner, Summers, et al) 2) We're not recovering…we're headed into inflation (Faber, Stansberry, Casey) 3) We're not recovering…we're headed into hard-core deflation (Prechter, Shilling) And then, there's the solitary Daily Reckoning home-school view: We're not recovering…we're headed [...]

Spending Cuts in the Age of De-Leveraging originally appeared in the Daily Reckoning. The Daily Reckoning, offers a uniquely refreshing, perspective on the global economy, investing, gold, stocks and today's markets. Its been called "the most entertaining read of the day."

V-Shaped Recovery, Where Art Thou?

Bill Bonner — Tue, 06 Jul 2010 22:00:03 +0000

This week was largely spent watching the recovery fall apart. Not a dramatic collapse. No market crash yet, for example. But the important indicators are giving way. On top of the bad news from housing and employment over the past few weeks, Richard Russell's famous PTI indicator finally dipped into negative territory – signaling a bear [...]

V-Shaped Recovery, Where Art Thou? originally appeared in the Daily Reckoning. The Daily Reckoning, offers a uniquely refreshing, perspective on the global economy, investing, gold, stocks and today's markets. Its been called "the most entertaining read of the day."

Simultaneous De-Leveraging?

Bill Bonner — Fri, 02 Jul 2010 19:00:47 +0000

Here's a thought. The G20 meeting ended with a call to reduce deficits. The Obama team, on the other hand, warned that cutting deficits might undermine a very fragile recovery. There seems to be no understanding of what is really going on. We are in a spell of debt de-leveraging in the private sector. There is [...]

Simultaneous De-Leveraging? originally appeared in the Daily Reckoning. The Daily Reckoning, offers a uniquely refreshing, perspective on the global economy, investing, gold, stocks and today's markets. Its been called "the most entertaining read of the day."

Combatting Debt in the Age of De-Leveraging

Bill Bonner — Wed, 02 Jun 2010 17:07:13 +0000

Gold is still getting up. Hemlines are going down. That�s all you need to know. Gold rose toward $1,230 yesterday. Why? Reports said investors were worried about Europe. Well…yes…Europe…and Asia…and North America… The problem in the world economy is debt. There�s too much of it. Investors who aren�t delusional know that too much debt spells trouble. And when [...]

Combatting Debt in the Age of De-Leveraging originally appeared in the Daily Reckoning. The Daily Reckoning, offers a uniquely refreshing, perspective on the global economy, investing, gold, stocks and today's markets. Its been called "the most entertaining read of the day."

The Economic Recovery Myth

Bill Bonner — Thu, 20 May 2010 17:39:20 +0000

The primary trend is down… Stocks fell again yesterday. The Dow lost 66 points. The big shakeout was in the gold market � with a fall of $21. It is unusual for gold to fall more (proportionately) than stocks. So, what�s the gold market trying to tell us? And why didn�t it mention it before? As forecast, rates of [...]

The Economic Recovery Myth originally appeared in the Daily Reckoning. The Daily Reckoning, offers a uniquely refreshing, perspective on the global economy, investing, gold, stocks and today's markets. Its been called "the most entertaining read of the day."

Private Sector De-leveraging: A Rally in a Bull Costume

Bill Bonner — Wed, 10 Mar 2010 20:18:31 +0000

Yesterday marked the one-year anniversary of the rally. The Dow rose a piddly 11 points. Gold sold off $1. This rally has gone on for so long most people think it is not a rally at all, but a new bull market. Worldwide, it has taken equities up some 73%…making it one of the greatest rallies [...]

Private Sector De-leveraging: A Rally in a Bull Costume originally appeared in the Daily Reckoning. The Daily Reckoning, offers a uniquely refreshing, perspective on the global economy, investing, gold, stocks and today's markets. Its been called "the most entertaining read of the day."