Editor’s note: Kris Sayce is on holiday this weekend. In his place, we bring you Nickolai Hubble with the Daily Reckoning Weekend Edition. If you like Nick’s style, feel free to sign up for regular delivery of the DR weekend edition here. So, the world has survived the mortgage debacle and the stock market free [...]
recession
what is the thory behind the Hindenburg omen ? As per wikipedia . The Hindenburg Omen is a technical analysis pattern that is said to portend a stock market crash. It is named after the Hindenburg disaster of May 6, 1937, during which the German zeppelin Hindenburg was destroyed. The hindenburg omen named after famous [...]
Yesterday’s initial reaction from the online media gave it almost no mention.
Today’s Australian Financial Review (AFR) mentions it but sees it as a positive.
Typical.
You’ve read and heard all the nonsense about the strength of the Australian economy. Just yesterday the ABC reports Kevin1807 as saying:
“Today we have revealed and released the national accounts. They point [...]
As each day passes your editor becomes more baffled.
Things which appear to be common sense to us are deemed to be extreme views by others.
When we argue against government intervention or government stimulus programmes we do so because it seems obvious they can’t work.
Without covering old ground, a government stimulus package can only ever provide [...]
Your editor is on a double shift today. We’re switching between writing today’s Money Morning and filling in for Dan Denning at Daily Reckoning.
Over at Daily Reckoning we gave the Climate Change ‘tree’ a bit of shake. You can check out what we had to say later on today after our webgeeks post [...]
“Just how can the Fed credibly promise to be irresponsible…?”
HERE’S A THOUGHT – that tiny handful of investors and analysts warning how Fed policy risks hyper-inflation are in fact doing the central bank’s work.
The Fed wants you to believe hyperinflation is looming. Or at least, it should want that, if doubling its balance-sheet – purchasing [...]
Ever wanted to understand the sub-prime crisis or the credit crisis or the global financial meltdown happening around us? Here is a visual guide thanks to Wallstats.com…
