Gary Shillling: Deleveraging 101
"Our forecast of a year ago that the U.S. economy would enter a major recession in the fourth quarter appears valid," says Gary Shilling, adding, "We’re convinced that stocks are in a bear market that...
View ArticleWhy You Must Include Gold In Your Portfolio For 2009
Gold bugs have suffered one of their worst years in history, says Keith Fitz-Gerald. But the US dollar looks increasingly fragile beyond this period of short-term panic buying. And that means the...
View ArticleA ‘Credit Cycle Bust’ That Cannot Be Stopped
This is no ordinary downturn. After the biggest credit bubble in history, we face a correction on an unimaginable scale. Make no mistake about it: This is a credit-cycle bust that the government cannot...
View ArticleAfter the Sovereign Debt Crisis Comes the Deleveraging
Spain formally became the fourth country to ask for bailout aid from the euro zone on Monday, June 25. Spain’s short-term borrowing costs nearly tripled at auction on Tuesday. Market participants...
View Article
