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In this video clip, Marc Faber, publisher of the Gloom, Boom & Doom report, says global stocks are in a “correction period” and believes the Standard & Poor’s 500 Index could decline another 10–15 percent. [...] More on this topic (What's this?) S&P 500 Chart – The Art of Technical Analysis (My Trader's Journal, 1/22/12) What a Little-Known Market Tool Is Telling Us About U.S. Stocks in 2012 (Money Morning, 1/11/12) S&P 500 Chart – Ascending Triangles (My Trader's Journal, 1/8/12)
Click through for an interesting guest contribution by Paul Kasriel … [...] More on this topic (What's this?) Mortgages for the 'Middle-Rich' Are Class Warfare Ammunition (Money Morning, 11/14/11) The Irrelevant Aspects of US Mortgage Woes (The Value at Risk, 5/28/09) Why do the "right" thing (Gold Versus Paper, 6/7/09)
I am finally back home in Cape Town after a trip to Europe … [...] More on this topic (What's this?) Prepare for Europe – "It's Going to Be Ugly" (Money Morning, 1/16/12) Take Heed! How the European Crisis Could Hurt U.S. Stocks (Wall Street Daily, 1/19/12) Why Silver Prices Are Dropping So Fast (Learn Mining News, 12/14/11)
Are stock markets, being discounting mechanisms, already starting to focus on a less than rosy economic recovery, and thereby also less lofty growth in corporate earnings? Given the full equity valuations, slower economic and earnings growth perhaps argue for a deeper correction than what most market pundits are calling for at the moment. [...] More on this topic (What's this?) Out of Answers, Federal Reserve Can Only Offer Empty Rhetoric (Money Morning, 12/13/11) How to Win Bernanke's War on Savers with a 19% Yield (Money Morning, 1/18/12) Bankster captive Mel Watts guts “Audit the FED” bill (The Swamp Report, 11/1/09) | ||||||||||||||||||||||||||||||||||
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