by Chris Martenson Recession Indicators, Part II by Chris Martenson Are we in a recession, heading towards one, or not? The stock market seems unconcerned with the Dow rising 3.2%, S&P up 4.2%, and the Nasdaq 4.9%. This collection of news items will help you sort this out. Are we in a recession, heading towards one, or not? The stock market seems unconcerned with the Dow rising 3.2%, S&P up 4.2%, and the Nasdaq 4.9%. This collection of news items will help you sort this out.
by Chris Martenson USA 2008: The Great Depression by Chris Martenson On the one hand, the stock market continues to climb against all odds….on the other hand, record numbers of Americans are bankrupt, in foreclosure, receiving food stamps, or all three. On the one hand, the stock market continues to climb against all odds….on the other hand, record numbers of Americans are bankrupt, in foreclosure, receiving food stamps, or all three.
by Chris Martenson Warning signs by Chris Martenson The Fed cut rates yesterday, although not as much as ‘expected’ (read: ‘hoped’) by the ever hopeful stock selling industry. Nonetheless stocks rocketed higher by a huge amount. Did this make sense? Not if these data mean anything. The Fed cut rates yesterday, although not as much as ‘expected’ (read: ‘hoped’) by the ever hopeful stock selling industry. Nonetheless stocks rocketed higher by a huge amount. Did this make sense? Not if these data mean anything.
by Chris Martenson Frantic race to save Wall Street giant by Chris Martenson Horrified traders soon grasped the reality: the Fed had been forced to throw out four decades of monetary history in order to support Bear Stearns. Its justification was not that Bear was too big but that it was too "interconnected" to be allowed to fail with the markets in such as fragile state.This is a fascinating tale of just how serious the Bear Stearns event was and the political and financial machinery that was brought to the table to sculpt a solution. Horrified traders soon grasped the reality: the Fed had been forced to throw out four decades of monetary history in order to support Bear Stearns. Its justification was not that Bear was too big but that it was too "interconnected" to be allowed to fail with the markets in such as fragile state.This is a fascinating tale of just how serious the Bear Stearns event was and the political and financial machinery that was brought to the table to sculpt a solution.
by Chris Martenson MF Global (BIG brokerage) shares slump 64% by Chris Martenson The share price of MF global has fallen off a cliff. If you have money there, get it out. Now. The share price of MF global has fallen off a cliff. If you have money there, get it out. Now.
by Chris Martenson Stock Market Imitates Wile E. Coyote by Chris Martenson To many in the credit markets, the stock market looks a lot like Wile E. Coyote. It’s already way past the edge of the cliff. Equity investors just haven’t realized it. To many in the credit markets, the stock market looks a lot like Wile E. Coyote. It’s already way past the edge of the cliff. Equity investors just haven’t realized it.
by Chris Martenson Severe Market Event – Special Alert by Chris Martenson The potential loss of a major US brokerage is shaking markets. Gold over $1000. Dollar breaks to record low. Stock market volatility erupts. The potential loss of a major US brokerage is shaking markets. Gold over $1000. Dollar breaks to record low. Stock market volatility erupts.
by Chris Martenson How a lender bailout hurts the economy by Chris Martenson The Federal Reserve’s efforts to ease the credit crunch risk stoking inflation – and letting reckless, well-paid execs off the hook. The Federal Reserve’s efforts to ease the credit crunch risk stoking inflation – and letting reckless, well-paid execs off the hook.