james davidson on Jun 29 2010 | Filed under: Economics, Monthly Issues
Notwithstanding hopeful hype about “recovery” mainly driven by unsustainable monetary and fiscal stimulus, the U.S. economy is headed for a wrenching adjustment that will push living standards down. I expect to see half a century’s worth of economic progress wiped away. To a degree that few appreciate, the rapid development of the BRIC economies, especially [...]
Charles Del Valle on Jun 08 2010 | Filed under: Economics
Dear Strategic Investor, There is good and bad in this market. The good is that prices are lower so there are a lot of deals. The bad is that prices are lower, so you’re bound to catch a few losses. But I don’t mind losses, as long as they don’t take over the portfolio. That’s [...]
Charles Del Valle on May 03 2010 | Filed under: Bonds, Economics
Dear Strategic Investment Reader, My first car was a Chrysler. My dad, a mechanic for over 40 years, hated my choice. He told me “You’re just going to throw good money after bad on that piece of junk! Sell it now, while you have a chance”. Three months later, the transmission was completely shot. My [...]
james davidson on Apr 30 2010 | Filed under: Bonds, Economics, Monthly Issues
There are compelling similarities, as well as differences, in the decline of British economy as compared to the current decline of the United States. Both economies were running trade deficits prior to the inflexion crisis, although the British paid for their consumption from the profits of the Empire.
james davidson on Mar 12 2010 | Filed under: Economics, Monthly Issues
Al Gore’s Evil Plot to Make a Billion Dollars By Starving the World’s Poor “For well you know that it’s a fool who plays it cool by making his world a little colder.” – The Beatles
Charles Del Valle on Mar 09 2010 | Filed under: Economics
Strategic Investment Monday, March 9, 2010 By Charles Delvalle Dear Strategic Investor, It’s funny how short-sighed the market can really be. But that never means that you should lose focus of the big picture. Your stash of cash depends on it.
Charles Del Valle on Jan 26 2010 | Filed under: Economics, Reports
Dear Reader, It was only a little more than a year ago when Barack Obama’s populist rhetoric helped propel the Democrats into absolute control of the Senate and House. My, how things change. Last week a Republican won “Kennedy’s seat” in Massachusetts. Say goodbye to a tax on carbon. And say goodbye to an $849 [...]
james davidson on Jan 22 2010 | Filed under: Economics, Reports
When Mount Vesuvius startled rumbling in AD 79, it was time to get out of Pompeii. Sure, there were those who said it would all blow over. As it turned out, they were wrong. The volcano erupted and buried the whole city under lava and ash. Now a financial Vesuvius is erupting.
Charles Del Valle on Dec 21 2009 | Filed under: Economics
Dear Strategic Investor, It’s amazing how much hustle and bustle there can be in a town supported by government spending. I’m talking about the capital of Oregon and the town I’m spending Christmas at, Salem.
james davidson on Dec 02 2009 | Filed under: Bonds, Economics
Bond traders aren’t elected, and they answer to nobody. But they possess knowledge about market prices around the world. They move trillions of dollars a day. And that makes them very powerful. When bond traders see that Obama and the Federal Reserve are really serious about bringing about inflation, they will dump hundreds of billions [...]