by Larry Edelson on September 26, 2008
in General
I like to tell it like it is. No spin. No B.S. Just straightforward common sense analysis.
And you may not like what I’m about to say. But I’m going to say it anyway. Those so-called Wall Street “experts” and other “pundits” are as ignorant a lot as I’ve ever seen!
They continue to get [...]
by Larry Edelson on August 27, 2008
in General
At times like these, when emotions are running high in the markets, it pays to take a few steps back … look at the charts … and put the markets into perspective.
It’s a great way to see how the short-term price action fits in with the longer-term view or big picture.
So take a [...]
by Larry Edelson on August 21, 2008
in General
Food prices to post biggest rise since 1990: USDA
WASHINGTON (Reuters) - U.S. consumers should brace for the biggest increase in food prices in nearly 20 years in 2008 and even more pain next year due to surging meat and produce prices, the Agriculture Department said on Wednesday.
Food prices are forecast to rise by [...]
by Larry Edelson on July 29, 2008
in General
I’ve been warning about this, and now it’s here. The budget deficit is blowing out to a record. By the time the financial crisis afflicting our country is near a bottom, the deficit will double, to near $1 trillion!
by Larry Edelson on May 27, 2008
in General
In my May 13 post, I said that U.S. stocks have been in a Giant Stealth Bear market since the year 2000, losing more than 75% of their value in real terms! How can that be you ask since the DJIA is trading roughly 1,000 points shy of its record high? Where are the [...]