US foreclosure crisis: Just a blip or the beginning of subprime II?

Watching the US foreclosure crisis unfold brings a sense of déjà vu of early 2007 when we first heard about the subprime crisis. Only a handful of independent analysts said it was a serious problem while the people in leadership like Ben Bernanke and Henry Paulson assured everyone that the subprime crisis was contained. The [...]

QE2 + Foreclosure Crisis = 0?

Two hot topics – QE2 and the US foreclosure crisis currently dominate the financial headlines but nobody except one blogger (unfortunately I cannot find the original article to credit this person properly) seems to have connected the dots on these two important events. The first topic is about the impending implementation of a second round [...]

Is China a leading indicator? Part 6

Yesterday was another bullish day in global stock markets. The DOW was up almost 200 points, the S&P 500 has finally broken above a stubborn resistance level of 1150 and it looks like the bulls are in charge for now. The Australian market followed the overnight lead from the US and the All Ords jumped [...]

More bad news for super – not your money for another 7 years (or more)

If you are planning to retire at 60 and are counting on your super to provide you a nice tax free income after that, I am afraid you may have to rethink your retirement strategy soon. According to this article “Gillard warned of threat to surplus”, the government needs to find $2.4 billion in savings [...]

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