As we have said so many times before in these pages, watching the government do practically anything is akin to watching molasses run down he hill in January. But as slow as that bureaucratic morass is, when it finally does manage to make a decision with some real weight, it comes crashing down like a massive hammer.
In China’s big cities, maids are going back to work and casting their day-trading dreams to the wind. The number of new accounts for trading Chinese A-shares (the most basic stock available to retail traders in the Middle Kingdom) is dropping far from recent record highs.
To almost any sane person, a 1,300 pound bull is nothing to be fooling around with. An image of power, the massive animal is really nothing more than muscle, hooves, and horns. And then there is the attitude–its pretty nasty.
This week, bond rating agencies Moody’s and Standard & Poor’s finally announced downgrades on billions of dollars of bonds backed by sub-prime mortgages.
Like most entrepreneurs, Roger Davey is a man who sees something that very few other people do. Because of it he takes risks, he works hard, and he pushes his dream down a road with no sure answers. And as with most monomaniacs, his dream will either end in the Promised Land or at the bottom of a cliff.
It’s alternative energy. Meaning non-hydrocarbon energy. And for this discussion, we will temporarily ignore uranium, for its use has grown sufficiently that it really can’t at this point be considered “alternative.”
Recently I told you about a 100 MW solar power project in Abu Dhabi, one of the United Arab Emirates. As one of the top oil and gas producers in the world, the UAE won the geological jackpot. Otherwise, it would be a loose confederation of feudal desert monarchies.
As the Japanese government continues holding short-term interest rates near zero while printing yen like it is going out of style, getting out of the yen has now replaced pachinko as the national pastime for rank-and-file Japanese.
After bubbling beneath the surface since last February, the absolute rot that is sub-prime lending reared its ugly head again last week. But this time it wasnt just the stories of failing lenders like New Century and others that roiled the markets, it was much further up the ladder. The contagion is spreading after all.
When it comes to the incredible economic growth story being written in China these days, the numbers–like the countrys population–are simply off the charts. According to the data, the economy of the land of the dragon continues to grow at the massive rate of over ten percent per year, with no end in sight. In terms of GDP, thats the amazing and unfathomable equivalent of adding a city the size of Philadelphia every month.
Imagine risking everything you own by investing it in just one commodity. And when I said everything, I meant it. Were not just talking about the cash in the bank, but selling all of your assets as well–including your house.
The REAL secret to consistent, reliable stock market profits is simple: own top quality dividend stocks! We'll show you how to get consistent and reliable income from dividend stocks.