I (almost) feel sorry for the banks. Making sense of the credit crunch If we are to look at where the subprime crisis came from and where it seems to be going (which is bulls-eye straight into a recession) ... Continue reading
The ECB won’t cut rates? A central bank doing exactly what it should. The Fed is still trying to bail out the US economy, there must be a fundamental belief there that a recession is the worst thing in the... Continue reading
With stocks going down and gold rising fast is it a ‘golden’ opportunity to buy gold? Gold recently surpassed the $1,000 per ounce mark which was (in the past) a kind of financial landmark that would be mentioned along wi... Continue reading
Bear Stearns feels the bear, when in doubt ‘bailout’ Bear Stearns is toast. They have gotten money from the Fed (via) also JP Morgan Chase (who took them over), sorry, I meant 'bailed them... Continue reading
Missed mortgage payment? bad debt? How a bad debt caused a crisis That’s whats behind the worldwide sub-prime crisis, millions of people missing payments, albeit on loans that may have been mis-advised... Continue reading
Oil Hostages & European oil dependence Oil prices are at record highs, not record highs for the last year or decade, but ever. And what we are starting to see now is a realis... Continue reading
New Iranian Oil bourse, it might just get them bombed. When it comes to Uncle Sam and oil you simply don’t mess around. I don’t mean that in a frivolous way either, playing about with Oil su... Continue reading
Chinese Property and US Manufacturing, what does it mean for 2008? There are times when you get caught by surprise, there are times when you get dazzled by the headlights but you know something is comin... Continue reading
Vice Funds, because hard markets are thirsty work Vice funds: These are funds that invest in Alcohol, Tobacco, Arms/Military supplies, and Gambling. Basically they go for everything tha... Continue reading
Stagflation 2008, what’s the good thing about recessions? 2008 looks like a year where we will (we being the EU, USA, and likely Asia) will face a recession, in America the fears are even a lit... Continue reading