deleveraging

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A ‘Credit Cycle Bust’ That Cannot Be Stopped

This is no ordinary downturn. After the biggest credit bubble in history, we face a correction on an unimaginable scale. Make no mistake about it: This is a credit-cycle bust that the government cannot stop. The losses are already catastrophic. And the massive unwinding is nowhere near finished yet…

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Votes:14
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Why You Must Include Gold In Your Portfolio For 2009

Gold bugs have suffered one of their worst years in history, says Keith Fitz-Gerald. But the US dollar looks increasingly fragile beyond this period of short-term panic buying. And that means the outlook for gold remains strong. Keith says every investor should ensure gold forms part of their investment strategy for 2009.

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Votes:13
Views:175

Gary Shillling: Deleveraging 101

"Our forecast of a year ago that the U.S. economy would enter a major recession in the fourth quarter appears valid," says Gary Shilling, adding, "We’re convinced that stocks are in a bear market that commenced last October."

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