The merger of two small AIM–listed resource stocks Victoria Oil & Gas and Bramlin may be more than just a case of two drunks leaning on each other for support. Sharing the same ...
Paris, France O! Bama! Where is thy bounce? Maybe it is here... ‘Black Friday’ turned out to be less dark than people feared. Sales rose 3% over the year before. This was a ‘weak ...
The fools in Washington, Wall Street and in the City cheering on China’s spending binge are really missing the big question. Where exactly is all that money going to come from? I’ll ...
“I think Obama should get Gideon Gono on his new team,” writes a friend. Never heard of Gideon Gono, dear reader? Well, he is one of the best economists who never won a Nobel prize. ...
I attended a most interesting lecture last night at the London School of Economics. It left me feeling that anyone who rushes back into the stock market now must be barking mad (you’ll ...
Thanksgiving Other Americans may take the day off. But not us.... not here at the headquarters of the Daily Reckoning. We’ve got some reckoning to do. But let us take a moment to bow ...
Keen followers of the Forex markets will know that the Australian dollar got hammered yesterday. Even against our own sickly pound, the Aussie was on the floor. And if you’re into ...
The turkeys’ revenge... “Until today or tomorrow, the typical turkey enjoyed a fairly decent life...” commented our friend Nassim Taleb, in Zurich yesterday. Yesterday, the stock ...
Not too long ago it seemed that everybody loved China. It was a panacea, a magic bullet, the answer to every question. How can the US avoid recession? China. Why are the stock markets ...
Last night, we looked into the future. And it wasn’t very pretty. “Everything blows up,” was how we would summarize it. Investments, strategies, civilizations, the world, life ...