Harry Dent’s Formula for Surviving the Great Bust Ahead

With a perfect storm brewing on the horizon, investors should be building their cash cache and running for cover, warns Harry Dent, author of The Great Crash Ahead. In this exclusive interview with The Gold Report, Dent explains how central bank stimulus programs are fighting a futile battle because a huge army of . . . → Read More: Harry Dent’s Formula for Surviving the Great Bust Ahead

Random Shots – Above Expectations

The market action of last week repeated a lesson that many a punter appeared to have forgotten. Never run a bearish book into a European summit and especially not one where expectations for a result are as lows as they were going into Friday’s meeting. Risk assets went up like a rocket with . . . → Read More: Random Shots – Above Expectations

Consumer Demand is Not the Whole Picture

See if you can spot what’s missing:

Businesses aren’t investing in the United States because of a lack of consumer demand, International Paper CEO John Faraci said Friday.

“I think this was all about consumer spending and demand. You know, the problem we have is there’s inadequate demand to create jobs. We know how . . . → Read More: Consumer Demand is Not the Whole Picture

Raising your children

Thanks to Darwin Barton

There’s something to be said for raising your kids on a daily basis and that’s what I’m working on doing. A few years back my husband and I made the tough decision for me to quit my job and it’s been really nice, actually, since we’re able to have me . . . → Read More: Raising your children

Betting on the Wrong Side of the Market

Here’s some bad advice:

You don’t have to shell out hundreds of dollars every year to watch your favorite shows. This year, consider canceling your cable and taking advantage of several free and low-cost entertainment services. The website Hulu, for instance, lets you watch a variety of hit shows for free such as Glee, . . . → Read More: Betting on the Wrong Side of the Market

"Possess nothing and be possessed by nothing"

The saying is attributed to Ahmed Ibn Abu al-Hassan al-Nuri.

No, I’m not a scholar of Sufism. I came across the quote in Kim Stanley Robinson’s Mars trilogy years ago, and it spoke to me in a certain way — not as a moral or religious principle per se so much as a practical . . . → Read More: Possess nothing and be possessed by nothing

Paging Dr. Sowell

Someone needs help thinking beyond stage one:*

Researchers with the Federal Reserve Bank of New York found that investors who used low-down-payment, subprime credit to purchase multiple residential properties helped inflate home prices and are largely to blame for the recession. The researchers said their findings focused on an “undocumented” dimension of the housing . . . → Read More: Paging Dr. Sowell

Save or Spend?

Jeff Stahler – Columbus Dispatch

In Macro class today we talked about what is really a dual decision. First, should our national policy encourage spending or saving? Second, should government actions favor consumption or investment?

First, some definitions and a smidgen of theory. There is a simple dichotomy over  how a family or a . . . → Read More: Save or Spend?

Richard Kelertas: Economic Turmoil Creates Potash Values

Fertilizer companies have felt the pain of global monetary chaos, but as indicators lag, some potash equities are positioned ahead of the curve for big gains. Dundee Capital Markets Vice President and Senior Financial Analyst Richard Kelertas believes investors need to be sharpening their pencils and establishing positions. In this exclusive interview with . . . → Read More: Richard Kelertas: Economic Turmoil Creates Potash Values

A Rational Response to Inflation

Scott Adams has an interesting post called “Capitulation Stimulation” wherein he theorizes that inflation will kill investing, sparking consumption:

Real estate is starting to look as if it will be a bad investment for a generation. Municipal bonds appear riskier than ever. It’s scary to hold cash if your bank has been misbehaving and . . . → Read More: A Rational Response to Inflation