Stock Markets Bracing For Recession?

Bull Vs. Bear Debate Continues. As the major stock market indexes plunged during most of October, fear began to grip Wall Street.  On October 29th, the intraday trading range for the stodgy Dow Jones Industrial Average was nearly 1000 points.  The lows lasted a fraction of a second, however. Within the next 24 hours, the […]

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Crashing Crude Oil Prices: A Sign of Oncoming Recession?

Crude Oil in Record Setting Plunge. Just two weeks ago, a barrel of West Texas Intermediate Crude Oil (WTIC) fetched $75, a new multi-year high.  Today, that same barrel trades at just above $55, a loss of 27%.   This price collapse in Oil was the largest in that short of a time period in […]

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Bond Rating Agencies Yield Junky Results

Marko’s Take Originally written May 31, 2010 Bond Ratings Agencies Yield Junky Results Think a certain credit rating means something?  Think again! Amid the financial crisis which enveloped the global financial system in 2008-2009, Standard & Poors (S & P) and Moody’s played a central role.  So much paper with sub-prime mortgages defaulted that were originally […]

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Asset Bubbles Start Popping as Interest Rates Surge.

Asset Bubbles Start Popping as Interest Rates Surge. It was “too good to be true” for “too long to be true”.  Nearly 38 years of falling interest rates (or RISING BOND PRICES) and a 9-year Bull Market in Equities appear to be beating a hasty retreat.  Lots of signs were there: this unprecedented period of […]

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