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The Next Four Days Will Decide Our Fragile Economy’s Fate

Bankrupt

The Government is hell bent on pushing us back into a recession! As I write this we are on week two of the government shutdown. For 14 days neither the Obama administration nor members of the Republican Party felt any kind of rush to end the funding dispute. I awoke today to hear for the […]

Double-Dip?

declining chart

Last week retail bell-weather Best Buy (BBY-NYSE) reported disappointing earnings. As the CEO Brian Dunn put it “store traffic is “choppy,” adding that “consumer spending is episodic … It appears that customers are operating on cues from the broader environment.” Well, if that is the case, then expect even worse numbers ahead. The American consumer […]

Hold On To Those Commodities

According to the Fed, inflation is virtually non-existent in the US. Overcapacity, slack demand, high unemployment all point to a weak environment for prices. Is that right? Since most commodities are priced in US Dollars, it’s been a fairly easy trade to make. When the Dollar goes down, prices go up and the inverse is […]


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