[[wysiwyg_imageupload:2001:]]By JW Jones
"We crawl on our knees for you,
Under a sky no longer blue
We sweat all day long for you,
But we sow the seeds to see us through
'Cause sometimes dreams just don't come true,
Look now at what they've done to you."
-- Rise Against: Re-Education (Through Labor)
Before getting into the broader markets, I thought it was pertinent to share with readers that recently I have noticed a trend in alternative music, also known as modern rock. As a fan of music in general, I have noticed that more modern and mainstream music is starting to underscore the deterioration in social mood. Mainstream songs are having a resoundingly similar lyrical undertone which outlines the "us against them", "rich versus poor", and the political class versus everyone else.
[[wysiwyg_imageupload:2001:]]By JW Jones
[[wysiwyg_imageupload:1996:]]By Dock Treece
The concept of risk and how it is defined by investors and advisors is something that we've discussed before, and which we feel warrants periodic reminders.
Over time the definition of "risk" has changed, thanks mostly to academics who teach finances classes and venerable money managers with advanced degrees (many of whom are now broke). The commonly accepted definition of risk among investors and advisors has essentially been substituted with the definition of volatility.
[[wysiwyg_imageupload:1993:]]By Daniel Amerman
On the surface, the recent and well-publicized protests in the state of Wisconsin have been a no-holds barred struggle between public worker unions and a conservative governor, in a battle that has galvanized both the left and the right across the nation. There is truth to that viewpoint, but as is often the case, the much hyped political struggle between partisans of both sides is also a distraction that serves to mask a much more powerful and even more significant threat to the entire population, both left and right.
What we are seeing in Wisconsin and in other state budgets across the nation is not really about the states so much as it is a federal unraveling, as the government toys with allowing artificial employment levels to decline. As described in detail in previous articles, the US economy is in far worse shape then presented by the government and mainstream media. The private US economy has been in depression since late 2008, and as discussed herein, this is made indisputable by the "truth test" of actual state tax revenues that are not easily subject to federal statistical manipulation.
[[wysiwyg_imageupload:1989:]]By Chris Vermeulen
Equities and Precious Metals are on the edge of another rally and it could start as early as tomorrow.
On March 13th I posted some of my analysis online showing how the market was trading at a key pivot point and that a sharp price movement was about to unfold. I also provided everyone with the direction in favor which played out perfectly catching a 4.5% in three days.
As of today we are getting the same setup I saw on March 13th, but this time it’s pointing to higher prices. Take a quick look at the charts I was looking at for both the SP500 and gold and you will notice that the SP500 and gold both moved to the support levels before starting to bounce: http://www.thegoldandoilguy.com/articles/it%E2%80%99s-do-or-die-week-for-equities-and-gold/
[[wysiwyg_imageupload:1983:]]By Frank Holmes
Our thoughts and prayers are with the people of Japan. The videos, images and stories of the devastation caused by last week's earthquake and tsunami have touched our hearts and rattled investor psyches around the world.
The threat of disaster from the damaged Fukushima nuclear power plant unleashed a ferocious sell-off of Japanese equities, but the damage to other major markets has been limited. Already experiencing a slight pullback prior to the events on March 11, U.S. equities and emerging markets have held up quite well. The MSCI Emerging Markets Index has only pulled back 2 percent since the earthquake and the S&P 500 Index only 3 percent.
By John Browne
While the world's attention has been focused on the physical destruction wrought by the Japanese earthquake and tsunami, the desperate attempts to contain the fallout from the shattered Fukushima Daiichi plant, and the daunting problems that Japan faces in rebuilding its infrastructure, few have truly illustrated how long-lasting and widespread the radiation's effects may be. There has also been little mention of how large radiological events affect economies of countries outside the immediate fallout zone. In truth, the disaster could make as much of an impact on investors in New York, London, or Sao Paolo as it makes on an investor in Tokyo.
Some time ago I caught Reggie Middleton of BoomBustBlog.com on TV saying he was very bullish on Google (GOOG). The prime reason behind this was Google dominant positioning within the mobile advertising market via it acquisition of Admob (Androids mobile OS). Ok we believe him, but we required GOOG to sell off to let us in at a decent price. We have a sell off, but should we buy.
[[wysiwyg_imageupload:1967:]]By Ashraf Laidi
The primary reason for the currency's stabilization earlier this year and the subsequent 10% rally from early Jan was the ECB's hawkish rhetoric in the face of rising inflation. 2.4% annual inflation was a sufficiently good reason for the ECB to make a hawkish twist, especially as it underwent the awkward task of having to buy Irish and Portuguese bonds, while preaching monetary discipline and price stability. Bernanke's constant reiterations to maintain QE2 into June did not help the US dollar and neither did the low-volume surge in global equities to fresh 2 ½ year highs.
By Michael Ashton
It is a bit bewildering as a predominantly U.S. analyst to spend every day analyzing events in different parts of the world. Of course, the U.S. markets are global, and it has always been the case that a flapping of a butterfly's wings in Madagascar is something we have to pay attention to and be aware of. But, since the U.S. economy is also far and away the largest economy on earth, it is also usually the case that if you get the call on the domestic economy right, you'll generally get the broad strokes outcome right.