The American Association of Individual Investors (AAII) released its latest sentiment readings yesterday...[which showed that] bullish sentiment dropped a full eight percentage points to 22.19%, the largest weekly decline since April 12....Now that virtually no one is optimistic about the stock market, that’s all the more reason we should be bullish. You see, during the current bull market, when bullish sentiment drops below 25%, stocks (almost) always rally over the next three and six months. Take a look. Words: 384

The American Association of Individual Investors (AAII) released its latest sentiment readings yesterday...[which showed that] bullish sentiment dropped a full eight percentage points to 22.19%, the largest weekly decline since April 12....Now that virtually no one is optimistic about the stock market, that’s all the more reason we should be bullish. You see, during the current bull market, when bullish sentiment drops below 25%, stocks (almost) always rally over the next three and six months. Take a look. Words: 384

Our civilization would not be able to handle such a transition from an expansionary credit based economy where goods and services were readily available into a paradigm of credit contraction, supply shortages and destitution and this is what is coming. There is no way to prevent it – only to defer it until a later date - and that day will soon be upon us. Words: 590

Our civilization would not be able to handle such a transition from an expansionary credit based economy where goods and services were readily available into a paradigm of credit contraction, supply shortages and destitution and this is what is coming. There is no way to prevent it – only to defer it until a later date - and that day will soon be upon us. Words: 590

Other than telling us how smart they are, I am not sure what economists like "Dr. Doom" Nouriel Roubini accomplish with repeated warnings that, ultimately, amount to little more than self-aggrandizing and incessant self-promotion. Roubini's continued calls for Armageddon provide as much utility as a Southern California traffic report. The 405 is jammed and so is every nearby alternate route, so just stay where you are. Even meteorologists offer more useful information. There's a heat wave -- seek shade, drink plenty of water. Or it's going to rain, grab an umbrella as you head out the door.

If you are angry about LIBOR – angry that 18 banks can set one of the world’s most important interest rates in such a poorly supervised, ill-understood manner - you should be even angrier that just 12 people sitting in a room can set the world’s single most important interest rate to suit the needs of the stock market, all under the pretence of controlling inflation? Let me explain. Words: 810

If you are angry about LIBOR – angry that 18 banks can set one of the world’s most important interest rates in such a poorly supervised, ill-understood manner - you should be even angrier that just 12 people sitting in a room can set the world’s single most important interest rate to suit the needs of the stock market, all under the pretence of controlling inflation? Let me explain. Words: 810

For the first time in recent history, the average Canadian is richer than the average American. According to data from Environics Analytics WealthScapes published in the Globe and Mail, the net worth of the average Canadian household in 2011 was $363,202, while the average American household’s net worth was $319,970. [In addition,] Canada’s unemployment rate...[has fallen to] 7.2%, and America’s [remains at] 8.2%. Canada continues to thrive while the U.S. struggles to find its way out of an intractable economic crisis and a political sine curve of hope and despair. Words: 805

Canada's housing prices continue to escalate [there has been no housing collapse as there has been in the U.S., Spain, U.K., Australia and elsewhere over the past 4-6 years] but concern is rising as to whether they are now, finally, 'in a bubble' and about to correct either modestly or severely. This article discusses what would cause a change in direction in Canadian housing prices. Words: 500

The July 2011 Consumer Price Index for Urban Consumers (CPI-U) released yesterday puts the June year-over-year inflation rate at 1.66%, which is less than half the 3.82% average since the end of the Second World War. That being said the ShadowStats Alternate annualized rate of inflation is 9.26%. [Which is more accurate?] Words: 384