Markets / Other

Jun 13, 2003 at 00:00

Dent points out that GM dropped more than 75% from late 1919 to early 1922. GM then went on to rise more than 22 times at its height in 1929.…

Jun 07, 2003 at 00:00

Looking at the government's finances in a serious way is like expecting a Ponzi scheme operator's numbers to add up. They don't. And they never will; that's the game. Making…

May 31, 2003 at 00:00

To get an idea of what we are facing, we will look at some historical numbers to give us a proper perspective. Then, let's look at the challenges to economic…

May 24, 2003 at 00:00

All investments have risk, even (or especially) government bonds. It is not a matter of risk or no risk. Why should 95% of Americans, simply because they have less than…

May 17, 2003 at 00:00

That is why it is especially important to read those logical representatives of thinking with whom you disagree, no matter how uncomfortable it makes you. If you disagree, you must…

May 10, 2003 at 00:00

The world is in the midst of a major transformation of the global economy. This realignment will mean that a number of trends that have been in place for many…

May 03, 2003 at 00:00

Most economists think the U.S. would need to see a growth rate of 3% to 4% for a sustainable recovery and an increase in hiring. Unfortunately, the economy only grew…

Apr 25, 2003 at 00:00

The received wisdom is that a bear market is when stocks go down by 20% or more. It makes for a nice neat media sound bite. Trying to time bear…

Apr 18, 2003 at 00:00

We can find more clues in a ground-breaking book by Michael Alexander called Stock Cycles. I am going to review his book at length because it will help us understand…

Apr 12, 2003 at 00:00

Investors think that earnings of existing companies can grow faster than the economy. There are two reasons they are wrong. The first is that much of the growth in the…