The Citigroup economics team...made some noise late last week when they wrote that Greece would exit the euro on January 1, 2013 [and,] despite the results of this weekend's Greek elections which favors bailouts, austerity, and the euro, Citigroup continues to believe Greece is likely to exit the euro. Here's why. Words: 950
Read More »How the Euro Crisis Affects 12 Asian Economies + Australia
If you invest or trade in the equity markets, this is an article you ought to take the time to read and think about. It presents the perceived strengths and weaknesses of China, Hong Kong, India, Indonesia, Japan, seven other Asian countries, and Australia in an informative interactive graphic.
Read More »The True Cost of Car Ownership is….OUCH!
We all know that the true cost of a car doesn't end at it's purchase price but most people don't really know what the annual cost will actually amount to. The next time you are shopping for a car consider these additional costs.
Read More »These Bonds Yield 7 – 9%: Are They Worth the Risk?
Buying bonds that insure against the extremely unlikely possibility of a specific catastrophic financial event can prove to be a very profitable investment and an ideal portfolio diversification move. I'm talking about cat bonds. Here is probably the first article you have ever read on the subject. Enjoy! Words: 821
Read More »Economic Powerhouse (Germany) vs. Economic Basketcase (Greece): A Comparison
How does Greece — an economic basketcase — compare to Germany — an economic powerhouse? The infographic below answers that question. Take a look.
Read More »What the Aussie Dollar Says About Global Risk
Being a true contrarian investor isn’t just about investing in unloved sectors of the market or specific stocks. It’s also about conducting research and discovering indicators that the crowd doesn’t follow — indicators that can help give clues as to the next probable direction of risk assets. I’m always on the lookout for such indicators, and have compiled many of them over my years of trading and investing. [Here's just one that bares scrutiny. Take a look.] Words: 610
Read More »This Will NOT End Well – Enjoy It While It Lasts – Here’s Why (+5K Views)
...The US Government and its catastrophic fiscal morass are now viewed by the world as a ‘safe haven’. This would easily qualify for a comedy shtick if it weren’t so serious....[but] the establishment is thrilled with these developments because it helps maintain the status quo of the dollar standard era. However, there are some serious ramifications that few are paying attention to and are getting almost zero coverage from traditional media. [Let me explain what they are.] Words: 1150
Read More »Austerity or Growth: Which is the Solution to the Plight of the Developed World?
With 10 year Treasuries yielding 1.6% in the United States, some argue that higher deficits are warranted. As the discussion below shows, the logic behind that view is fundamentally flawed, if not reckless. Words: 1238
Read More »David Rosenberg: These 51 Charts Show the Economy to be a Total Disaster
The U.S. economic recovery has been weak and the looming fiscal cliff threatens to act as a further drag on the economy. Europe is imploding with the chances of a 'Grexit' increasing, and Spain's economy deteriorating and risking contagion. David Rosenberg looks at the state of the U.S. and global economy via 51 depressing charts.
Read More »Nouriel Roubini: Economic Clouds Are Rolling In From Every Direction – Batten Down the Hatches! (+2K Views)
Dark...financial and economic clouds are, it seems, rolling in from every direction: the eurozone, the United States, China, and elsewhere. Indeed, the global economy in 2013 could be a very difficult environment in which to find shelter.
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