Saturday, November 22nd, 2008

Posts Tagged ‘ Joel Bowman ’

Recession Runs Rampant

Nov 17th, 2008 | By Joel Bowman | Category: Financial News

Losses in equities worldwide top $25 trillion. What say ye, Obama?… Japan, eurozone enter recession, Gulf bourses continue to tumble… Turning fear into profit: A special volatility report, and plenty more…



What Stocks Readers Would Like to Have in Their Portfolio

Nov 6th, 2008 | By Joel Bowman | Category: Financial News

Dow rallies 300 points ahead of Obamamania, Can the President Elect orchestrate a miraculous market Turnaround? Part one of your “chicken long” ideas and plenty more…



Beggars Can Be Losers

Nov 3rd, 2008 | By Joel Bowman | Category: Financial News

When the president of the United States visited this region almost a year ago, the city of Dubai closed down for the entire day. Locals and expats alike jokingly refer to this event of yore as “Bush Day,” a day when they stayed home from work and watched movies as the leader of the “free world” took a Big Bus tour of the city.



Guillotine Over Wall Street

Sep 23rd, 2008 | By Joel Bowman | Category: Politics & Economics

Let’s start at $500 billion. Why? That was the figure Paulson’s emergency elixir was thought to cost…as recently as Friday. In a characteristically misguided effort to restore calm to the markets, the federal government proposed a plan that involved purchasing a half trillion dollars of carcinogenic mortgage-backed assets.



Congratulations, Taxpayers! Fannie and Freddie Risk Now Yours

Sep 8th, 2008 | By Joel Bowman | Category: Politics & Economics

Congratulations! If you are an American taxpayer, you now own a share of the risk held by two firms that own or guarantee around half the mortgages in the country, says Joel Bowman. And this at a time when home prices are plummeting, inventories are swelling, foreclosures have reached an all time record and unemployment skipped along to a five-year high of 6.1%, further weighing on demand for new digs.



Dow’s (DJI) Earnings Slump Will Lead to More Inflationary Policies

Aug 28th, 2008 | By Joel Bowman | Category: Financial News, Politics & Economics, Stock Market Investing

Financial charts can generally look good or bad. But sometimes, one comes along that is downright ugly. The Rude Awakening’s Joel Bowman says the earnings chart for the Dow Jones Industrial Average index (.DJI) is particularly sore on the eyes. Earnings were negative in Q208, for the first time ever, giving the index a price-to-earnings ratio of nil. Such losses will heighten deflationary fears, encouraging the government to crank up its inflationary policy. More from Joel…



The Dangers of Dubai’s Real Estate Bubble

Aug 27th, 2008 | By Joel Bowman | Category: International Investing

The Rude Awakening’s Joel Bowman says the real estate bubble in his new home of Dubai is unsustainable. Unimaginable oil riches are being spent at unimaginable speeds, sending house and rental prices through the roof. But if the lesson from the U.S. has taught us anything, it is that property speculators aren’t going to win forever.



Feedback Pours in for I.O.U.S.A Documentary

Aug 26th, 2008 | By Contrarian Profits | Category: Featured, Financial News

I.O.U.S.A, the critically acclaimed documentary on the U.S. national date made by Agora Financial’s Addison Wiggan and Kate Incontrera, premiered last Thursday.

The movie has already stirred up much debate about the rapidly growing national debt and its consequences for the United States and its citizens

Below are a some emails from readers at Joel Bowman’s Rude Awakening blog with feedback on the movie…



A Crude Source of Welfare

Apr 4th, 2008 | By Richard Daughty | Category: Oil Investment & Alternative Energy

In short, apparently these countries need the price of oil to stay high to pay for their welfare expenses…which means that they will necessarily be raising oil prices again pretty soon.



Fed Already in ‘Supercop’ Mode?

Apr 3rd, 2008 | By Contrarian Profits | Category: Featured, Financial News, Politics & Economics

The Fed may have already begun its role as Wall Street ’supercop.’

The Wall Street Journal reports that the Fed has sent agents into major Wall Street investment banks to makes sure of the banks’ financial wellbeing.

“We want to be sure that any lending we do to the investment banks will be done on an appropriately sound basis,” said Fed chief Ben Bernanke.

The Fed has is lending money to investment banks, even though it currently has no statutory regulatory power over them.