Stock Market and Economic forecast using common sense analysis and decision making techniques. Focus is on the US Dollar, Commodities (CRB Index), Bonds (10 Yr. Treasuries), and the Stock Market (DJIA 30). Gold, silver and oil are often discussed when relating to commodities. How to Turn 000 into Million or Collapse Trading Stocks! Stocks trading in this portfolio started out at k 1/28/10. Each week the worst stock is sold and a new stock is added. Stock performance will be compared to the buy and hold stock strategy at the end of 1 year. Stocks covered this week include: Tempur Pedic, Continental Resources, El Paso Pipeline, Endo Pharmaceuticals, and Speadtrum Communications. One stock will be sold and a new stock will be bought!
www.presstv.com Jerry Robinson, the editor of the financial website FTMDaily.com, is Max’s guest for this edition of Press TV’s On the Edge with Max Keiser where Max asks him questions about US’s financial meltdown. Enjoy the show.
www.presstv.com Jerry Robinson, the editor of the financial website FTMDaily.com, is Max’s guest for this edition of Press TV’s On the Edge with Max Keiser where Max asks him questions about US’s financial meltdown. Enjoy the show.
www.presstv.com Max’s guest for this week’s show is Karl Denninger who is the founder of market-ticker.org. Karl gives some predictions on the US economy in the New Year. He is downbeat and forecasts a terrible year for the housing, banking and myriad of sectors. He says the Europe would also disintegrate and says people there will have a weaker euro in parity with the dollar. China will also break the peg and people would see a rise in commodity price, bubble assets and less export to the US. Enjoy the show.
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www.presstv.com Max’s guest for this week’s show is Karl Denninger who is the founder of market-ticker.org. Karl gives some predictions on the US economy in the New Year. He is downbeat and forecasts a terrible year for the housing, banking and myriad of sectors. He says the Europe would also disintegrate and says people there will have a weaker euro in parity with the dollar. China will also break the peg and people would see a rise in commodity price, bubble assets and less export to the US. Enjoy the show.
09. November 2010: There is no possibility of agreement at the upcoming G20 summit because the US is declaring financial war on other countries, believes American economist and wall street analyst Prof. Dr. Michael Hudson. The US has been pushing China to revalue its currency — at a time when Washington has been pumping billions of dollars into its economy — a move viewed by other countries as an attempt to deliberately weaken the greenback. The issue of exchange rates is expected to be one of the toughest discussion points at the G20 summit in South Korea later this week. Michael Hudson, a renowned economist and Wall Street financial analyst and advisor, says the meeting in Seoul will not bring an end to global currency wars. “The US is going to China and saying ‘we want you to commit economic suicide just like Japan did. We want you to follow the same way: we want you to re-value your currency, we want you to squeeze your companies, we want you to go bankrupt so we can make our profit at your expense,” says Hudson. “We want you the Chinese to allow our banks to gamble on your currency and make a huge gain on foreign exchange speculation so that our banks can get out of the problem that we have got them into. Will you please help us by going bankrupt for our benefit? Well, you can imagine what the Chinese are saying — they are laughing,” Hudson adds. The American plan to devalue the dollar would flood the global economy with money that would be used to buy out …
Sept. 7 (Bloomberg) — Michael Burry, the former head of Scion Capital LLC who predicted the housing market’s plunge, talks with Bloomberg’s Jon Erlichman about the financial crisis and the housing market. (Source: Bloomberg)
