Yale Professor and economist Robert Shiller called the stock market bubble in the late 1990s and the housing bubble that burst in 2007. He knows his bubbles and presumably the subsequent recovery time. And he’s not so optimistic about housing staging a rebound anytime soon. Permits are up, he says, good news.
Dry good shipping rates for the biggest floaters on water, Capesize vessels, have plunged 76% this year alone. If there was no flood of ships going into shippers’ fleets, I’d call this a very significant bear indicator. But there is. Shippers went way overboard in 2008 when the economy was peaking and
“We should no longer be obsessed with the speed of growth.” Lu Zhongyuan, deputy director of the Development Research Center (DRC) of the State Council, or China’s Cabinet. It’s called “managing expectations” and China’s leadership is very much engaged in preparing the population for a transition period that could last several year.
Saudi Arabia’s oil minister says that $100 oil is a fair price for crude these days. Iran’s chief of the National Iranian Oil Company will see that hundred and raise it by $50. Threatening $150 crude is an interesting ploy by the Iranian government. I’d like to dismiss it as mere scare
I have a dilemma. I hate both austerity and excessive government spending. Can you blame me? I spent several years in the government. Not the one controlled by Washington. This one was controlled by Annapolis, the seat of Maryland’s state government where I worked under the late and great Governor William Donald
There are a lot of people who want to tell you “Microsoft Windows is dead.” They point to the rapid rise of Google and Apple as proof that Microsoft is on its last legs. But is that really the case? In Microsoft’s latest quarterly report, it stated that it sold 525 million
About IF | Services | Newsletter Archives | IF Video Room | Contact Us A Healthy Dose Of Breakfast Profit By David Dutkewych A Note from Andrew Gordon: You can count me as an oatmeal lover. Two or three times a week for
Don’t expect a pat on the back if you’ve just invested in banks. Yes, I know, they’re cheap, for some irresistibly cheap. Plus there’s the old Wall Street adage that says financial stocks lead market rebounds in the early stages of a recovery. How can you go wrong? Discounted prices combined with
