Markets

Mar 16, 2007 at 00:00

It is hard to believe that only several weeks ago the US stock markets were carving exciting new highs and complacency reigned supreme. The S&P 500 and NASDAQ were trading…

Mar 16, 2007 at 00:00

This week my travels took me to Toronto and to the 75th Annual Prospector's & Developer's Conference. I have been to this event before in years gone by, but this…

Mar 15, 2007 at 00:00

Interesting times eh? I won't delve into the complexities of what caused the moves in the markets, you are probably getting to the point of saturation with all the speculation…

Mar 15, 2007 at 00:00

A shocker this week is that the US is "springing forward" with Daylight Saving Time (DST) three weeks early. So we felt this gives us yet another opportunity to point…

Mar 15, 2007 at 00:00

I take this barrage of pessimistic headlines to be a contrarian indicator that the worst has already been discounted by the markets and it shouldn't have that great of an…

Mar 15, 2007 at 00:00

If the next blow off gathers more pace than the 2004 and 2006 peaks, I suspect the RSI will go over the speed limit of 70. That remains to be…

Mar 15, 2007 at 00:00

I am going to get right to the point. Housing, especially in California, is dead money for many years to come. Game over. It's that simple.

Mar 14, 2007 at 00:00

Unless we experience an across-the-board decline in U.S. home prices and unless gasoline rises to $4 a gallon, the secular story of the U.S. consumer remains intact for now.

Mar 14, 2007 at 00:00

With the meltdown in the sub-prime mortgage sector now laid bare, many on Wall Street desperately cling to the notion that the pain will be localized. The prevalent delusion is…

Mar 14, 2007 at 00:00

Here are but a few more fingers of instability emerging as we speak, the result of a fiat currencies and credit economies worldwide. Inflationary and deflationary episodes fueling the crosscurrents…