Posts Tagged ‘
Paul Kedrosky ’
Nov 12th, 2008 |
By Contrarian Profits |
Category: Top Story
Remember the hullabaloo over the $700 billion bailout? The bill that would buy “troubled assets” from banks (hence the name). Well, guess what? TARP never did buy troubled assets…and probably never will. Instead, it will continue to inject capital into companies in return for equity.
Tags: credit crisis, David Levy, Global Financial Crisis, Gold Prices, government bailouts, Hank Paulson, Henry Blodget, investing in gold, Investing In Oil, Oil Prices, Paul Kedrosky, TARP, Wall Street crisis
Posted in Top Story |
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Nov 11th, 2008 |
By Contrarian Profits |
Category: Featured
Short-term aid, long-term assistance. According to the IHT, this sums up Barack Obama’s attitude toward the government’s role in the US auto industry. Obama is pushing President Bush to use some of the $700 billion bailout package to prop up GM (NYSE:GM).
Tags: Barack Obama, credit crisis, Gm, government bailouts, Henry Blodget, investing in China, Paul Kedrosky, US recession, Wall Street crisis
Posted in Featured |
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Nov 10th, 2008 |
By Contrarian Profits |
Category: Featured
The U.S. isn’t the only country rolling back on free-market principles. Communist China is also busy bailing out its economy. Over the weekend, the People’s Republic announced a $586 billion ’stimulus’ plan of it own. U.S stock futures are up on the news.
Tags: Addison Wiggan, AIG, Ben Bernanke, China bailout, credit crisis, George Soros, Paul Kedrosky
Posted in Featured |
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Oct 30th, 2008 |
By Contrarian Profits |
Category: Featured
Governments are hosing down the markets with bailout money. Central banks, meanwhile, are making sure the cost of borrowing is as close to zero as possible. We smell another bubble in the making…and another inevitable crash. Talk about priming the pump for the next bout of excessive exuberance.
Tags: Commodities ETF, Gold Prices, Henry Blodget, Hyperinflation, Oil Prices, Paul Kedrosky, Stock Futures, Taro Aso, US banking crisis, Wall Street crisis credit crisis
Posted in Featured |
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Oct 29th, 2008 |
By Contrarian Profits |
Category: Featured
U.S. stocks futures fell this morning despite yesterday’s barnstormer rally and heavy hints of a further rate cut by the Fed. “S&P 500 futures dropped 21 points to 917.70 and Nasdaq 100 futures fell 32.5 points to 1,275.50. Dow industrial futures dropped 200 points to 8,889.00,” according to MarketWatch.
Tags: Bailout, bear market, Bear Market Rally, Bear Territory, Blue Chips, Consumer Confidence, credit crisis, Don Boudreax, Downturn, Downturn Strategy, Eric Roseman, Felix Zulauf, House Prices, Interbank, Libor, Paul Kedrosky, US banking crisis, US housing crisis, US recession, Wall Street crisis
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