About Addison Wiggin

Addison 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
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?”
Tags: Addison Wiggin, Auto Sales, Chinese Government, Dollar Strength, economic stimulus package, Eric Fry, Global Trend, Rampant Inflation, Residential Mortgages, Shanghai Composite, US jobless crisis
Posted in Financial News |
1 Comment »
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
Tags: Addison Wiggin, AIG, Asset Backed Securities, Citigroup, Eastern Europe, Exchange Shares, HSBC, Mortgage Backed Securities, Mortgage Loans, stock rally, TALF
Posted in Financial News |
No Comments »
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…
Tags: Addison Wiggin, Bank Bailout, Ben Bernanke, Cap Investor, credit crisis, Financial Markets, Fomc Minutes, Gold Stocks, Ian Mathias, inflation, Mortgage Bailout, recession plays, Small Cap, unemployment crisis
Posted in Financial News |
No Comments »
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…
Tags: Addison Wiggin, Bond Investors, Bond Sales, Debt Sales, GS, Ian Mathias, inflation, Investor Confidence, RTP, U S Treasury, US Foreclosures, US Retail Sales, US stocks, US unemployment crisis
Posted in Financial News |
No Comments »
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…
Tags: Addison Wiggin, art sector, Ian Mathias, Obama Stimulus, TARP, Tim Geithner, US politics, US stocks
Posted in Financial News |
No Comments »
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…
Tags: Addison Wiggin, Construction Projects, credit crisis, Gold Stocks, Ian Mathias, inflation, mining stocks, Obama, Stimulus Bill, TARP, Unemployment Rate, US unemployment crisis
Posted in Financial News |
No Comments »
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.
Tags: Bank Bailout, credit crisis, Crude Oil Prices, emerging markets investing, Gold Prices, IMF, Morgan Stanley, Opec, Retail Sales, Smith Barney, Ukraine gas crisis, US dollar, US stocks
Posted in Financial News |
1 Comment »
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.
Tags: 30 Year Mortgage, Addison Wiggin, credit crisis, Energy Sectors, gold, Ian Mathias, Mortgage Rates, retail sector, Russian Gas, US dollar
Posted in Financial News |
No Comments »
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.
Tags: Addison Wiggin, Bailout, Crude Oil Prices, Dollar Strength, Gold Prices, Gold Stocks, Government Debt, Ian Mathias, Obama bounce, Stimulus Package, stock market rally, U S Stock Market
Posted in Financial News |
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