If you’re new to the stock market, you may not be familiar with the old adage, “bull vs bear market.” What exactly does it mean? Well, there are a couple of theories out there, but …
Read the full story »It was time for a bear market/credit contraction. The correction began in January 2000. The NASDAQ collapsed. And in 2001, the economy entered a recession. But this recession was phony. Consumer spending didn’t go down; it went up. Consumers kept borrowing money. It wasn’t correcting the debt problem, in other words, it was making it worse.
The Federal Deposit Insurance Corp. (FDIC) said Tuesday that they expect 2010 bank failures to outpace 2009 failures, where 140 failed. To date, 118 banks have failed in 2010.
The FDIC also revealed that the list …
This week’s note is excerpted from a longer
analysis piece RGE has just published examining U.S. President Barack Obama’s
current trip to East and Southeast Asia. The full piece, which includes analysis
of U.S.-North Korea relations, the U.S.-South …
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