Monday , 23 December 2024

Yearly Archives: 2011

WSJ Economist Survey Estimates Regarding Future GDP and Probability of Recession Inconsistent! Here's Why

50 economists forecast their estimates for real GDP over the next 6 quarters in a recent Wall Street Journal survey [and their projections, on average, show a modest increase through to the end of 2012 as the table below shows. In addition, they were asked] to forecast... the probability of a recession in the U.S. in the next 12 months] and the results were quite surprising - quite. Let me show you.] Words: 600

Read More »

Gold: Are You "The 99%" or "The 1%"? (+2K Views)

34% of Americans say gold is the best long-term investment, but how many of that 34% actually own it in the form of coins and bullion? No one has that figure, but my guess would be less than 1% of the total population, and when global investment demand doubles or triples (or more) from current levels -- a distinct possibility -- and you paint a whole new picture for gold. You begin to understand why gold is not in a bubble at all but, in fact, is in a long-term secular bull market that is still amassing considerable potential energy. Words: 1092

Read More »

New Report Confirms that "Occupy Wall Street" Has a Point Regarding Income Inequality in America

Of all the many banners being waved around the world by disgruntled protesters from Chile to Australia the one that reads, "We Are the 99%" is the catchiest. It is purposefully vague, but it is also underpinned by some solid economics. A report from the Congressional Budget Office (CBO)... confirms the contentions of the 99% that a system that works well for the very richest has delivered returns on labour that are disappointing for everyone else and that the people at the top have made out like bandits over the past few decades, and that now everyone else must pick up the bill. [Take a look at the graph which shows just how unequal income distribution is in the USA.] Words: 776

Read More »

These 8 Economic Reforms Would Propel the Dow to 20,000!

Our economy – and economic disparity – can never be fixed until we deal with the debt - and we will never deal with the debt without dramatic reforms to stop underlying dysfunction in government & endemic wasteful spending. Furthermore, we cannot grow our way out of the debt. No credible forecast suggests that future rates of growth for the U.S. economy will be sufficient to close these deficits without significant changes to our fiscal policies. Here are 8 reforms that need to be addressed if we are to have any hope of ever turning things around. I believe they would propel the Dow Jones to 20,000 and beyond. Words: 689

Read More »

Is the "Halloween Indicator" a Good Way to Time the Market?

Seasonality tells us that statistically the months from the end of October through the end of April are in fact the best months of the year for investing while the six months from May through October (the “sell in May and go away” strategy), are the worst but is there any validity to what’s sometimes known as “the Halloween indicator?” [Let's take a look.] Words: 460

Read More »