This presentation* by David Rosenberg, comes courtesy of Joe Weisenthal (www.businessinsider.com). I’ve disagreed with Rosenberg on the recession call in the USA for a long time now, but we’re on the same page about a lot of the macro trends. Here are three pertinent trends that are worth highlighting from the presentation. Words: 555

The outcome of the election of 2012 will [only] determine the rate of speed at which we approach the [financial] cliff [because] neither political alternative is willing to change course, to steer away from the cliff. The cliff is so high that whether we go over it at 200 mph (Obama) or whether we merely slip over the edge (Romney), the end result is the same — fatal for the economy and perhaps our entire political system. It is the fall that will kill us. [This article explains why that is going to be the case.] Words: 1135

The outcome of the election of 2012 will [only] determine the rate of speed at which we approach the [financial] cliff [because] neither political alternative is willing to change course, to steer away from the cliff. The cliff is so high that whether we go over it at 200 mph (Obama) or whether we merely slip over the edge (Romney), the end result is the same — fatal for the economy and perhaps our entire political system. It is the fall that will kill us. [This article explains why that is going to be the case.] Words: 1135

In a speech to the Canadian Club in Toronto this past week Canada's Finance Minister Jim Flaherty urged European leaders to find a solution to their debt crisis as it has spread beyond the eurozone and into credit markets worldwide creating a "dire and pressing problem" that threatens the rest of the world with possible "social unrest and instability". Words: 870

I'm not going to candy coat it for you: making serious money in the stock market is a ton of hard work. It takes patience, savvy, and a certain level of market smarts - and the cold, hard truth is that if you don't have them, the big boys will drain your portfolio dry. Unfortunately, those are the three areas that most retail investors need to work on the most. Otherwise, they will simply end up in a cat-and-mouse game where they are the mice. Don't fool yourself for one second into believing that your "due diligence" can be done by watching a show or two on CNBC. It just doesn't work that way but if there is one voice from the markets that should grab your attention every time you hear it, it belongs to Dennis Gartman, founder and author of The Gartman Letter. He's sort of a guru's guru. [Here is] a glimpse into how he views and trades the markets. Words: 1061

Steve Jobs, the Apple founder and former CEO who invented and masterfully marketed ever-sleeker gadgets that transformed everyday technology, from the personal computer to the iPod and iPhone, has died. He was 56. This article gives an account of his professional and personal life unlike any you have ever read. Words: 2328

We are not convinced by the endless stream of happy talk that emanates from the mainstream media these days. Our view is less benign. From what we can see, the world is descending into a kind of controlled (or uncontrolled) Great Depression. It's taking time but the arc is clear. [Let us explain.] Words: 1750

As the global economy becomes increasingly unstable investors all over the world are flocking to gold and silver which has sent the price of gold to a record high. With many analysts projecting that prices for precious metals will continue to soar throughout 2011 investors are euphoric. Does that mean, though, that everyone should just suddenly jump into gold and silver? No, it does not. Precious metals are not for everyone. Just like any other kind of investing, it is absolutely crucial that you get educated before you get involved. Below are 10 things you should know before jumping into the precious metals market. Words: 1156

China bashing is on the rise once again in Washington. In an era of acute labor market distress, the United States could well up the ante and resort to outright trade sanctions. Beijing would undoubtedly retaliate, setting in motion a dangerous chain of events that could quickly imperil the post-crisis world. Words: 1090

If you think home prices have hit bottom and are now headed back up for good, think again! Round two is about to begin. Words: 552