Archive for The Real Deal

author photo

Trillion dollar deficits for years

AP News
CHARLES BABINGTON

President-elect Barack Obama says the nation probably faces huge deficits for years to come, but heavy spending is needed now to spur the economy.

Obama said Tuesday the deficit appears on track to hit $1 trillion soon. Speaking to…

7Jan2009 | The Real Deal | 0 comments | Continued

Really? You think?

Bloomberg:

Treasury 30-year bonds fell the most in seven weeks amid concern government efforts to spur the economy will lead to a record amount of debt sales as the U.S. prepares to auction $54 billion of notes this week.

“The Treasury…

6Jan2009 | The Real Deal | 0 comments | Continued

China announces more stimulus

China Daily:

The nation’s economic stimulus measures will go beyond the announced 4-trillion-yuan package as more industry-specific policies are rolled out, Premier Wen Jiabao said on Friday.

The government is refining and augmenting the package, because it was "rather preliminary" when announced…

5Jan2009 | The Real Deal | 0 comments | Continued

US facing debt timebomb

MSNBC:

With President-elect Barack Obama and congressional Democrats considering a massive spending package aimed at pulling the nation out of recession, the national debt is projected to jump by as much as $2 trillion this year, an unprecedented increase that could…

5Jan2009 | The Real Deal | 0 comments | Continued

Mark Faber: Short Tresuries, Long Hard Assets

CNBC:

The editor and publisher of the "Gloom, Boom, and Doom Report" says the best place for investments these days is in hard assets, but he has some suggestions for stock-market investors, too.

"You want to be in gold, silver, platinum, and…

31Dec2008 | The Real Deal | 0 comments | Continued

Peter Schiff WSJ editorial

WSJ:

By borrowing more than it can ever pay back, the government will guarantee higher inflation for years to come, thereby diminishing the value of all that Americans have saved and acquired. For now the inflationary tide is being held back…

29Dec2008 | The Real Deal | 0 comments | Continued

States forget how to cut budgets but love to raise taxes

Washington Times:

Governors want to levy higher taxes next year on clothes, soft drinks, gasoline, auto licenses and other items that likely will hit low- and middle-income families struggling to make ends meet in a deepening recession the hardest.

Officials say…

26Dec2008 | The Real Deal | 0 comments | Continued

Printing Press fired up and churning out cash

MarketWatch:

On the contrary, according to the Federal Reserve Bank of St. Louis, the monetary base (the raw material for the money supply) has risen at a seasonally adjusted annual rate of 86% over the past year. Bad enough, but over…

23Dec2008 | The Real Deal | 0 comments | Continued

FED has a dilemma

Hussman:

On Tuesday, the Federal Reserve took the somewhat expected but extreme step "to establish a target range for the federal funds rate of 0 to 1/4 percent." Included in its policy statement was an additional bit – “The Committee is…

23Dec2008 | The Real Deal | 0 comments | Continued

Uranium, time to go back into the pool

When I started my first blog back in 2004 the first commodity I became bullish on was uranium. At the time the metal was trading around the mid twenties. Uranium was in the process of emerging from a twenty year…

22Dec2008 | The Real Deal | 0 comments | Continued

Milton Friedman on inflation

“Inflation is always and everywhere a monetary phenomenon” to paraphrase Milton Friedman. The government can and will print enough money to instigate an inflation.

John Polomny
The Real Deal

19Dec2008 | The Real Deal | 0 comments | Continued

Axel Merk article on FED’s latest boondoggle

This is a well written must read article:

As the Fed buys assets in the market, the Fed drives prices higher; in case of debt securities, the yields will be driven lower. Superficially, this will be perceived as good news as…

18Dec2008 | The Real Deal | 0 comments | Continued

America “should declare bankruptcy”

CNBC:

When the Federal Reserve policymakers decide on interest rates Tuesday, investors will probably look one step beyond their decision, to gauge how much money will the Fed be willing to print once it is out of rate ammunition.

Rates won’t likely…

17Dec2008 | The Real Deal | 0 comments | Continued

FED goes all in

FED PR:

The Federal Open Market Committee decided today to establish a target range for the federal funds rate of 0 to 1/4 percent.

Since the Committee’s last meeting, labor market conditions have deteriorated, and the available data indicate that consumer…

17Dec2008 | The Real Deal | 0 comments | Continued
InvestorIdeas.com