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Zillow: Home Values Lose Another $2 Trillion
Anybody that thinks housing has reached a bottom needs to have their head examined. If you doubt that just ask the fine folks at Beazer Homes (NYSE:BZH) who reported...
Dividend Reinvestment Plans
As the old fable reminds us, it’s not always the hare who wins the race. For as savvy dividend investors surely know, it is the tortoise who prospers in the...
Load up on Food ETFs…
It’s time to load up on more food ETFs, like the Market Vectors Agribusiness ETF (MOO). The USDA just reported even more inventory cuts for agriculture commodities,...
Millionaires More Likely to Strategic Default
Not surprisingly, the bursting of the housing bubble has moved up to the final rung on the ladder. Far from the days of the subprime debacle, now even the “good”...
Carlos Slim Catches Gold Fever
Carlos Slim beat both Warren Buffett and Bill Gates in stock market performance last year. The reason: a hell-bent plan to start a brand-new gold and silver mining...
Rick Santelli Slams the Spin…
You can’t spin the truth with Rick Santelli. Not even Steve Liesman. From the tea parties to the spin, here’s the “only man you should be listening...
Recovery Chronicles: Tales From the Modern Food Line
Here’s one from the recovery chronicles: food stamp usage is up 14% from last year. Today, the Supplemental Nutrition Assistance Program (SNAP) serves about...
Ben Plans, Food Prices Reach All-Time Highs
Don’t you just love the Federal Reserve…? Higher prices have helped to set the world ablaze and Bernanke & Co. continue to insist inflation is...
Anticipating a Budget Deficit
I am constantly amazed at the number of people who think that a budget deficit is the same thing as the total federal deficit, which it ain’t. Actually, I remember...
The WSJ’s Most Controversial Article… Ever
On January 9th, The Wall Street Journal ran an article that would become the most viewed, commented-on editorial in the publication’s history. The article...
Answering Krugman on Austrian Economic Theory
I still get the sense that Krugman truly doesn’t understand the Austrian position. For example, he asks, “Why is there overwhelming evidence that when central...
China’s Housing Bubble Begins to Top
Round and round she goes, where she stops nobody knows…. From Bloomberg entitled: China’s Housing Market Nears U.S., Japan Bubble Levels: Chart of...
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