Cruising along at 30,000 feet, you peer out the window. Nothing to see here. Just limitless pale blue sky and the glare of the all-too-close sun hitting your eyes. The in-flight movie is silently playing out in front of you. You’d hoped to catch Iron Man in the theater, but ...read more

IF THE DOLLAR WERE AN ANIMAL, IT MIGHT BE A LAMB…a fluffy, adorable little lamb…surrounded by a pack of wolves. The dollar is simply no match for the vicious influences that threaten to devour it — influences like a Federal Reserve that promises to combat every financial crisis with ample ...read more

“Everyone, it seems, is preparing for a coming wave of new bankruptcy filings,” noted a recent article in The New York Times.   According to Robert Sheehan, the managing partner of the law firm of Skadden, Arps, Slate, Meagher & Flom, there is a tsunami coming in the bankruptcy arena. Mr. ...read more

So where we last left off…we have a currency manipulator on our hands, I said, but what are we going to do about it? The fact is when it comes to currency manipulators, you have to ask: Who isn’t one? With that said, buckle your seat belt for Part II. If this Fair ...read more

More and more indicators are highly suggestive of an upcoming recession. I recently talked about capital spending, home sales, GDP, auto sales, and manufacturing in "Capital Spending Suggests Hard Landing." This month's free issue of Contrary Investor, called "Deficit Attention Syndrome," contains some interesting charts and commentary on still more indicators ...read more

THE SUDBURY BASIN is a major geologic structure located in Ontario, Canada. It is the second largest known meteorite impact crater on the face of the Earth. (Vredefort crater in South Africa is the largest verified impact crater on Earth, and there may be one even larger buried under the ...read more