Fred asks to see some charts moving up. Other than inverse ETFs, I don’t see much in the stock arena. The 20 Year Bond ETF (TLT) moves up with the price of the 20 year bond. I have not shown this because there is not enough data for a long term feel. I have been showing posts of long term bond charts which I believe have more use than the short term TLT. But the TLT does show some in...
Results 1 - 10 of 422 for "INFLATION"
As we enter the final month of 2008, it’s time to start thinking about what will be hot in 2009. To start that off, I want to revisit this post I made on SeekingAlpha in late September of 2008 — a little more than two months ago — regarding preserving your wealth in our current economic downturn. Here’s a reassessment of that view: 1. My macroeconomic view remains unchan...
From the WSJ:Grim economic data Monday showed more pain for U.S. manufacturing and construction.The Institute for Supply Management, a key measure of U.S. manufacturing activity, said its overall index for last month moved to 36.2 from 38.9 in October and 43.5 in September. November's reading was the weakest since May 1982.Cliff Waldman, an economist for the Manufacturers Alliance/MAPI trade gr...
How quickly things change. Only six months ago everyone was fretting over how the spike in oil and commodity prices might cause hyperinflation. Now deflation is a bigger worry. The OECD’s latest monthly inflation statistics illustrate the reversal in fortune:
Buy, Sell or Hold Insight: GM Remains a High Risk Profit Play – Even as it Files its Turnaround Plan Today
Tue, Dec 2, 11:31 AM ET
With America’s “Big Three” automakers all due to submit turnaround plans to Congress today (Tuesday) – a requirement if General Motor Corp. (GM), Ford Motor Co. (F), and Chrysler Corp., are to receive $25 billion in government loans – I couldn’t help but recall the moment eight years ago when I realized the U.S. auto industry was skidding toward a financial c...
Dec. 1 (Bloomberg) — Treasuries rose, pushing yields to record lows, as Federal Reserve Chairman Ben S. Bernanke said the central bank may purchase Treasuries and target long-term interest rates to combat the deepening recession. …and the monetizing of debt begins. I’ve talked extensively in several issues of Bourbon and Bayonets about the coming turmoil in long dates U.S. tre...
If you were counting on gold to boost your returns this year, chances are you’ve been cruelly disappointed. In fact, when it comes to gold-related investments, virtually every category is down, making this one of the worst years in history for gold investors. So, why is it that the largest of the large futures traders have some of the lowest net short positions in years? And what does thi...
OPEC is once more rattling the saber of crude oil production cuts in an effort to prop up the price of the black stuff. Whether the cartel will be successful in its aims is open to question. OPEC has a notoriously bad record when it comes to acting as a single entity. Each of the 13 members has its own agenda, and getting those agendas to mesh is nearly impossible. What this means for US consum...
U.S. Launches New Assault on Consumer Recession, Backtracks on Toxic Mortgage Assets Bailout
Tue, Dec 2, 9:47 AM ET
The United States is now waging an all-out war against clogged credit markets and attacking each troubled artery head on. Earlier this week U.S. government officials announced a new plan to pump $800 billion dollars into the rapidly contracting economy by injecting funds into distressed credit markets where banks remain reluctant to lend and continue to hoard cash. Unprecedented, this latest sa...
There has been one asset class which has held up with flying colors: US TREASURIES. It has been a great ride if you hold them, but the yields are reaching a point that signals something disastrous. The sad part is that this is not just a warning or just temporary funds seeking "just in case" havens. It is signaling another major shoe to drop imminently.We all know the story. A global recession...