Here’s an optimistic look at our current state of affairs from a legendary investor.
“The worse a situation becomes the less it takes to turn it around, the bigger the upside.” - George Soros
If you are tired of all the depressing news out there, turn to happynews.com. You can see the bright side here, [...]
By Eric Sebastian, Senior Account Executive at Lind-Waldock
<br /><span class=”mceItemObject” classid=”clsid:D27CDB6E-AE6D-11cf-96B8-444553540000″ id=”ooyalaPlayer_6ynwo_fnrx0yty” width=”480″ height=”378″ codebase=”http://fpdownload.macromedia.com/get/flashplayer/current/swflash.cab”><br /> <span name=”movie” value=”http://www.ooyala.com/player.swf” class=”mceItemParam”></span> <span name=”quality” value=”high” class=”mceItemParam”></span> <span name=”bgcolor” value=”#000000″ class=”mceItemParam”></span> <span name=”allowScriptAccess” value=”always” class=”mceItemParam”></span> <span name=”allowFullScreen” value=”true” class=”mceItemParam”></span> <span name=”flashvars” value=”embedCode=AyNmc2On2Q20uUb3-Cg4m7X0aAYOsLOA” class=”mceItemParam”></span><span class=”mceItemEmbed” src=”http://www.ooyala.com/player.swf” mce_src=”http://www.ooyala.com/player.swf” quality=”high” bgcolor=”#000000″ width=”480″ height=”378″ [...]
S&P 500 Falls Nearly 7%; Lowest Close Since 1997 - Bloomberg
U.S. Jobless Claims Approach Highest Level Since 1982 - Bloomberg
Crude Oil at 3-Year Lows - RealClearMarkets
Gold Rises a Second Day on Speculation Interest Rates Will Fall - Bloomberg
World Markets Continue Down - RealClearMarkets
Corn, Soybeans, Wheat Fall as Demand May Drop - Bloomberg
Twenty Reasons Why We [...]
Inflation may not be much of a factor in the overall economy right now, but you’ll likely see some price inflation in your Thanksgiving meal this year, even though turkey production is up about 6 percent this year.
Here’s a look at the cost this year for the average Thanksgiving meal for a gathering of 10, [...]
Consumer Prices in U.S. Decline 1% - Bloomberg
Oil Tanker Piracy Shows Supply Vulnerability - Investor’s Business Daily
Construction Hits Record Low - RealClearMarkets
Defusing the Credit-Default Swap Bomb - Barron’s
Saudi Oil Tanker Owners Are In Talks With Pirates on Ransom for Ship, Crew - Bloomberg
Fossil Fuels and the Great Energy Delusion - The American
Big Three Running Out [...]
Stock index futures are down in early trade after more somber news from the housing front. U.S. housing starts and permits for future construction both dropped to record lows in October, signs the housing downturn may extend into a fourth year. The Commerce Department reported residential construction starts fell 4.5 percent in October, [...]
October Wholesale Prices Plunge Record 2.8% - AP/Yahoo Finance
Homebuilder Sentiment Index Plunges to Record Low - AP/Yahoo Finance
Median Home Prices Fall Around U.S. in Q3 - AP/Yahoo Finance
Japan’s “Least Ugly” Economy May Beat U.S., Europe in Crisis - Bloomberg
Top Oil Exporters’ Ship Plans Unchanged After Hijack - Reuters
Three-Month Libor Eases on Central Bank Efforts - [...]
Panic Selling in Stocks Has Ebbed, But Still Bearish
By Ben Kim
The economic crisis of 2008 is on the forefront of everyone’s mind and has affected CEOs and blue-collar workers alike. The stock indexes have been incredibly volatile as a result and the market remains bearish from both a fundamental and technical perspective.
The S&P 500 index [...]
No Agreement on Aid to Automakers in Sight - MarketWatch
Prolonged Recession, Higher Joblessness Seen Likely - MarketWatch
For Radical Gold Bugs, a Rally is Overdue - MarketWatch
The Six UnKnowns That are Roiling the Stock Market - BusinessWeek
Aluminum Falls to Three-Year Low as China May Ship More Metal - Bloomberg
Copper Drop Deepens as China Growth, Housing Falter [...]
Hedge fund liquidations have pulled down stocks and commodities alike. They are now sitting on some cash, and that may help the stock market find its legs, said MF Global Research Senior Interest Rate and Equity Analyst Nick Kalivas (See a sample of his 11/17 morning comments below).
Sign up for full access to MF Global Research’s daily market comments and [...]
