Rhett

Bernanke Has Lost Control

When that financial can we're kicking down the road comes to a stop, it might be an IED!

U.S. Economy Looks Ready to Bounce

The economy is poised to bounce ok, if you mean a bounce down. Just watch the stock market next week and housing prices for the rest of the year.

Stocks Soar on Positive Bank Reports

Real profit this early for a bank that took government bailout funds is ludicrous. It is pure manipulation of figures. How stupid do the banks think we are?

What if You Don't Trust the Government with Your Portfolio?

Yes, there is no question that the government caused the housing bubble which constitutes the broken keystone that has brought down the rest of our economy. And the government has no more ability or expertise to fix the economy than it had to moderate the housing market. Heaven help us!

Seven Reasons the Market Has Already Bottomed

P/E ratios are high and stocks are still over-priced. Housing has a lot further to fall. You're living in a dream world. Watch the Dow go to 4000 before 2010.

Why the Fed Is Right to Be Worried

This is not just a severe recession. We are now in a Depression, period. Whether Bernake's action to buy Treasuries works is problematic.

Coming Inflation To Boost Stocks, Gold

Nobody but nobody can come close to projecting the price of anything in 2012. But for now, gold is about to jump. You heard it here first.

Our Coming Depression

Since even the expert economists don't know exactly what caused the 1030s Depression, who's to say what will cause the next? But we all know something significantly bad is happening when the politicians urgently call for $700 billion "rescue" legislation that doesn't seem to have any immediate calming effect in the conomy. One thing is for sure: when credit dries up, the economy withers since it runs on credit - extended credit , credit extended for years in the future with nothing down. And credit seems to be drying up, even with the $700 billion legislation just passed. Looks like Depression in the future to me. Horse and buggy days may be here again before long.

Tuesday, September 2: Week in Review

Insightful review, Jonathan.

Wall Street Breakfast: Must-Know News

There is nothing out there to support the proposition that inflation is subsiding or under control, and everything to assure the opposite. The current strengthening of the dollar is clearly a blip that will quickly fade away. Wish it were otherwise, but wishing won't make it so.