US Banking

5 Financial Crisis ‘Aftershocks’ You Must Prepare For Today

Investors are fleeing the stock market as the rules of the game keep changing. But if you know what the next shift will be, you can stay ahead of the curve. Shah Gilani outlines the five coming “aftershocks” of this financial crisis, and what they mean for your portfolio.

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3 Predictions For The Post-Meltdown Global Economy

Over in the UK, where the economy is already shrinking, Ben Traynor looks ahead to the world after this downturn. He sees three major changes to the future global economy: 1) A larger role for governments. 2) Less efficient capital allocation. 3) More protectionism, especially in the US, with disastrous consequences for the dollar.

Don’t Panic: Your Money is Still Safe in Swiss Banks

Bob Bauman says the only Swiss banks in trouble are those that abandoned their traditional banking principles and “Americanized” their business. Thankfully, the vast majority retain the strict secrecy laws that will protect your privacy.

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8 Reasons Why the Bailout Bill Will Fail

The buzz on Capitol Hill is that Congress could pass an updated version of the bailout bill before the end of the week. But Shah Gilani in Money Morning says taxpayers are being “force-fed a political solution, instead of a sound economic market-based solution to a financial crisis.” He says the the bailout bill has eight key failings.

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How to Bag Big Bailout Profits

Hank Paulson wants to spend $700 billion to buy up banks bad debt in the hope it can ‘fix’ the crisis on Wall Street. But there are ways to profit from the madness. Martin Hutchinson has picked three winners.

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4 Real Assets Set to Profit from the Death of the Dollar

The Unholy trinity - the Federal Reserve, SEC and Treasury - has pulled out all the stops this time. But while US stocks soar, Justice Litle says the government’s bailouts are a death blow for the dollar.

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US Dollar and Treasury Bonds Will Not Escape This Correction

Ben Bernanke and Hank Paulson are planning the biggest bailout of financial markets in history. It could cost the taxpayer somewhere in the region of $1 trillion. But the market will triumph over the interventionists, says Bill Bonner.

$62 Trillion in Credit Default Swaps Is a Ticking Bomb

The US subprime and credit crisis has cost the world over $7.7 trillion, according to a report released in February by Bank of America. The worst could yet be to come. Shah Gilani in Money Morning says the $62 trillion market for credit default swaps (CDS) is a ticking bomb.

Stock Symbol: AIG AMER INTL GROUP I Stock Price: $1.60 Todays Change: +0.16 (+11.11%)

2 Stocks Set to Win Big in the Coming $41trn Infrastructure Boom

Chris Mayer says power-grid builder ABB (NYSE:ABB) and road-building equipment maker Astec Industries (NASDAQ:ASTE) are stocks to watch…

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Bailouts Will Be Paid Back with Cheaper Dollars

“All this debt […] has to be paid back,” says currency expert Chris Gaffney. “And how does the government plan to do this? With cheaper dollars…”

How Wall Street Masks the Thick Red Ink of Buried Loses

Former hedge fund manager Shah Gilani says corporate assets can be accounted for in multiple ways, at the discretion of management. And this makes comparative analysis nearly impossible. Shah says understanding these tricks is crucial to finding out the true state of any bank’s finances.

Andrew Gordon Says Don’t Buy Banks Yet

Andrew Gordon in Investor’s Daily Edge is bearish on the outlook for the sector. He says banks are still running on empty. And with the rate of foreclosures rising in the US, this is no time to buy in. Steer well clear until the economy picks up……

Stock Symbol: MER ML CO CMN STK Stock Price: $8.34 Todays Change: +0.38 (+4.77%)

Fannie and Freddie: So Much for ‘Free Markets’

Bill Bonner says that, although we look at the likes of Zimbabwe with incredulity in the US, we are heading down a similar route with the nationalization of mortgage giants Fannie Mae (FNM) and Freddy Mac (FRE). So much for the biggest ‘free market’ in the world…

Owning Precious Metals Is the Best Way to Protect Your Savings

Much of the recent drop in oil prices is due to the rally in financials, says Byron King. But the black goo is still double the price it was two years ago. Worse still, the US is now coping with chronic inflation. Precious metals are the best way to your savings and purchasing power…

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Housing Bill a Major Threat to Privacy

The housing plan - which now includes provisions to bail out Fannie and Freddie - is now likely to become law within days. The problem is the bill is “a major-league privacy threat,” according to Dave Gonigam in Desidooru Saloon. Of course, the mainstream media hasn’t given this angle of the story much coverage…

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