Thursday, March 11th, 2010

About Addison Wiggin

Addison WigginAddison Wiggin is the editorial director and publisher of The Daily Reckoning, and executive publisher of Agora Financial. He is also one of the executive producers and writers of I.O.U.S.A. a feature length documentary film nominated for the Grand Jury Prize at the 2008 Sundance Film Festival.

All entries by Addison Wiggin

China Bucks the Trend, GM Goes to Europe, Inflation Prediction, Jobs and More!

Mar 5th, 2009 | By Addison Wiggin | Category: Financial News

While American stocks stumble, Shanghai soars… why Chinese equities are bucking the global trend… More data disasters… ADP jobs report, auto sales register scary declines…Tired of shaking down U.S. taxpayers, GM aims abroad… EU begged for Detroit dollars…Obama, Bernanke talk up Uncle Sam’s book… Eric Fry on how rampant inflation still seems inevitable…Chuck Butler takes a stab at the $10 trillion question: “How long will this dollar strength last?”



A Bottom in Sight? Buffett Wisdom, Energy Crisis, Eastern Europe and More!

Mar 3rd, 2009 | By Addison Wiggin | Category: Financial News

Citi sets a record… how it could signal a market bottom by June…Dan Amoss on a “rescue” program that might work as advertised — and even touch off a stock rally… Buffett dispenses more pearls of wisdom… highlights of his annual letter to shareholders… Byron King on the energy crisis the government must solve… soon… U.S. still doesn’t have it that bad… the new Iron Curtain forming in the EU



Small Cap Wisdom, Bernanke’s Forecasts, Gold Stocks, the Foreclosure Mess and More!

Feb 20th, 2009 | By Addison Wiggin | Category: Financial News
Bernanke says we can “break the back of this thing”… but issues gloomy forecast for 2009…Three recession rules for the small-cap investor…Chris Mayer’s argument for gold stocks, with a compelling chart to boot…Dan Denning passes on “the most disturbing story of the day”…New bill for hammered homeowners, $50 billion yesterday, $275 billion today…Plus, a sad sign of the times, how to delay foreclosure with one simple request…


Bond Bubble, Deficit Record, Trading Signals, Dubai in Danger and More!

Feb 13th, 2009 | By Addison Wiggin | Category: Financial News

What’s that hiss? Bond sales break record, but “investors” demand higher yields…U.S. budget deficit sets annual record… in just 4 months! Key trading signals from one of our resident options analysts… Data still disappoint… housing, jobs, retail improve slightly, but still in the dumps… Last, Dubai in danger… foreigners flee so hurriedly they’re leaving cars behind…



Stimulus Bill Closer to Fruition, TARP 2.0, and More!

Feb 11th, 2009 | By Addison Wiggin | Category: Financial News

Ghost of stimulus past warns… government spending “does not work”…Obama champions bill, nevertheless… Lew Rockwell provides voice of opposition…Geithner unveils TALF, TARP 2.0, whatever you want to call it… another $1 trillion-plus on the line…Time to go back to school, right? Maybe not…. MBA recruiting at record low….Not all market sectors in the drink, one high-end market still showing signs of life…



Ramp Up the Rhetoric, Stimulus Details, Buy Gold Stocks, Alternate Employment Stats and More!

Feb 10th, 2009 | By Addison Wiggin | Category: Financial News
Gloomy rhetoric rushes stimulus bill agreement… but has our financial “rescue” really changed?
Government credit crisis tab about to reach $9.7 trillion…Stimulus will do more harm than good, warns CBO… 200% inflation in our future? Time to load up on gold stocks, says Mayer… but not for reasons most recite…Plus, jobs report follow-up… real unemployment rate 18%, more than double gov forecast…


Credit Crisis Sequel, Global Bank Bailout, Emerging Markets Still a Buy?, Gas Wars and More!

Jan 16th, 2009 | By Addison Wiggin | Category: Financial News

Ghosts of the fourth quarter haunt global financials… so begins the second act of the credit saga… Even the IMF needs a loan… $150 billion to back up struggling emerging markets… Not so fast, says Mayer… emerging markets will remain drivers of global growth… Jim Nelson with an industry likely to boom in 2009… Wayne Burritt’s short-term trading advice… with S&P 500 price targets… Plus, Russia-Ukraine gas dispute not yet over… a reader provides firsthand account.



Mortgage Rates, Scary Jobs Details, Investing in 2009, Russian Gas Dispute, and More!

Jan 13th, 2009 | By Addison Wiggin | Category: Financial News

Mortgage rates plunge to record lows… but are they at the bottom?… Overlooked details from Friday’s jobs news… troubling signs from retail and energy sectors… Rob Parenteau charts a different way to view the S&P… could the worst be over?… Russia/Ukraine gas conflict ends… who “won” the latest resource skirmish… Bill Gross’ sad-but-true guide to 2009… how to invest amid rife market manipulation.



New Year Rally, Obama’s Plan, Shorting in 2009, The Second Wave of the Housing Bust, and More!

Jan 6th, 2009 | By Addison Wiggin | Category: Financial News

Markets kick off 2009 with sizable rally… what’s behind the best New Year’s rally since 2003…  Obama bounce back in effect… Rob Parenteau on whether his $1 trillion plan will actually work… Dan Amoss on the difference between shorting in 2008 and 2009… Bullish factors for gold (and gold stocks) for 2009… The second wave cometh… more troublesome commercial real estate ripples on the horizon.