We have written about this subject often. Perhaps it is time to start our new season by stating the obvious. The economy goes in waves – waves of prosperity, created by a new technology, or new advance, or some realization. Who Participates and Who Does Not This new cycle then gains momentum and strength. Those… Continue reading We are at the Beginning of the Next Economic Boom
Category: Trends, Momentum & Market Cycles
The Takeover of the TSX by the LSE is VERY BAD NEWS for Canada
The following is a letter that we sent to the CEO of the TSX I believe this is a very bad thing that you are doing. The TSX has been decimated by foreign takeovers of companies listed on the TSX and the loss of Canada’s manufacturing sector to foreign interests. It is only recently that… Continue reading The Takeover of the TSX by the LSE is VERY BAD NEWS for Canada
What is Wrong with Capitalism – First Item on my 10 Point Checklist of Dec 9/10 (continued)
The Main Elements that are Wrong with our Economic System – First Item on my 10 Point Checklist of Dec 9/10 – Continued from blog of Dec 20, 2010 Let me begin by saying again that I am a Capitalist. I believe Capitalism to be the only economic system that the Western world should follow.… Continue reading What is Wrong with Capitalism – First Item on my 10 Point Checklist of Dec 9/10 (continued)
Follow the Trend – The Market has Decided We Are in a Recovery
As we have remarked previously, the economic world is gradually recovering and normalizing. Crises come and go but the trend is recovery and the market long ago decided that we are in a recovery. The latest crisis is Ireland. The one before that was Chinese inflation. The one before that was poor numbers out of… Continue reading Follow the Trend – The Market has Decided We Are in a Recovery
The Morality of Financial Crimes
A Complete Lack of Social Conscience The world suffered a tremendous shock in 2008 and 2009. Greedy and unconscionable financial industry executives did what they always do. They stole as much money from the unsuspecting as they could, and they paid zero attention to the effect of this theft on the societies that allowed them… Continue reading The Morality of Financial Crimes
Looking at the Market on a Trend Basis
Today’s Headlines are Negative “NEW YORK (MarketWatch) — U.S. stocks on Tuesday took their biggest single-day hit in more than three months as investors fretted about Ireland’s debt crisis and possible rate hikes in China. The US dollar showed surprising strength and gold fell.” Yesterday’s Headlines are Positive New York – Retail sales are increasing.… Continue reading Looking at the Market on a Trend Basis
The Recession is over. The Recovery and the Double Dip Recession Are Things of the Past
The National Bureau of Economic Research (NBER) declared that the recession was over in June 2009. A V-shape recovery was stalled temporarily by the situation in Europe, but as we said before, the recovery is back on track and as momentum gradually accelerates, as people get their confidence back, and as the ‘next big thing’… Continue reading The Recession is over. The Recovery and the Double Dip Recession Are Things of the Past
Which One is More Prosperous – China v Japan
Recently China officially overtook Japan to be the second largest economy behind the USA. CHINA has become the world’s second biggest economy according to data released on Monday August 16th. Japan’s economy fell behind China’s at market exchange rates in the second quarter. Japan’s data have been seasonally adjusted while those for China have not.… Continue reading Which One is More Prosperous – China v Japan
History Determines that Gold Miners are the Place to Invest
Our Current Credit Contraction We are in the midst of a credit contraction. The great trading institutions on Wall St have gone broke, changed their nature or merged with other firms. Banks everywhere are under examination as to whether they are sufficiently capitalized. Loans by financial institutions are all being examined to see their validity.… Continue reading History Determines that Gold Miners are the Place to Invest
Why Investors Find it so Difficult to Understand the Market
The Confusion of Listening to the Media To illustrate the difficulty of the investor in choosing what investment path to choose, I thought I would mention just a few of the recent headlines. These headlines are chosen at random, with no particular purpose, except to show how reading current views, or listening to talking heads,… Continue reading Why Investors Find it so Difficult to Understand the Market