Greece is in big trouble. I realize that 99% of commentators have completely missed this fact. After all throughout 2011 the mainstream financial media published stories claiming that the Greek…
I’ve received a number of emails regarding the fact that stocks continue to rally despite Europe being on the verge of Collapse. Once again, investors are forgetting that stocks are…
The Euro-zone in its current form is in its final chapter. Anyone who argues otherwise is not paying attention. Consider the Greek situation. Greece’s debt problems first made mainstream media…
We are now into the second week of 2012 and frankly I can’t see any fundamental reason to be bullish about things. The European debt Crisis continues to accelerate, with…
We’ve reached the end game for Central Bank intervention. When confronted with excessive debt, you can either “take the hit” or you can try to inflate the debt away. In…
… Unless we get a major bank going under or a 2008-type event. I’ve been reading that several pundits believe QE 3 is just around the corner. I’m sorry to…
The markets have entered a new round of deflation. The only asset class that has yet to realize this is stocks. Here’s the 30-Year Treasury Bond: As you can see,…
One of the biggest problems facing the world today is the fact that most world leaders have little if any business experience. Those who do are inevitably investment bankers/ financiers…
Stocks have entered a kind of fantasy world, completely detached from any kind of economic, political, or financial reality. Indeed, last week the #1 driver of stock prices was unfounded…
Every day that Germany continues to flirt with the idea of propping up Europe, is another day that the country gets closer to its own fiscal crisis. The mainstream media…
I’ve stated before that I fully believe Germany will be leaving the Euro. With that in mind, I want to draw your attention to recent comments from Germany’s finance minister,…
A few months ago, I stated that Ben Bernanke was going to come under increased scrutiny and possibly even face legal trouble based on the fact that someone was going…
Something fishy is going on in the markets. Stocks are holding up relatively well this morning, while the credit markets deteriorate. That the market could digest S&P putting Austria, France,…
Equities got giddy last week when the world’s central banks, lead by the US Federal Reserve, lowered the global cost of borrowing Dollars. Regardless of the market’s reaction, the whole…
The thought that should be on every investor’s mind today is “Why did the Fed have to stage the coordinated intervention yesterday?’ Put another way, what exactly does the Fed…
This act is getting old. Almost every other day we’re getting rumors about new bailouts and interventions in Europe. All of these rumors turn out to be total lies as…
With the European End Game now in sight, the primary question that needs to be addressed is whether Europe will opt for a period of massive deflation, massive inflation, or…
The markets are rallying hard today for three reasons: 1) Traders gaming the usual manic Monday 2) The markets were oversold having fallen six straight days 3) Short covering These…
Let’s rehash the European situation for those who still don’t get it. Taken as a whole, the US banking system is leveraged at 13 to 1. Leverage levels at the…
By now, even the mainstream media is realizing what I’ve been saying for well over a year: that the EU in its current form is finished. I initially believed that…
