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IN THIS ISSUE: 1. How Much Did the Economy Slow in the 4Q? 2. US Debt Crisis – I’ve Been Wrong For Years 3. BCA: Debt Supercycle Likely to End in 3-5 Years 4. Breakdown of the $16+ Trillion National Debt 5. The Debt-to-GDP Ratio & Why It Matters 6. Interest on the National Debt is a Growing...
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Unsustainability and Transition One Bubble to Rule Them All The Year of the Windshield Godzilla Redux: Disaster A or Disaster B France Is the New Greece US: The Crisis Games Entitlement Unsustainability London, Athens, Geneva, Toronto, and New York “There are decades when nothing happens and there...
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It is a lazy summer day here in Texas, and the market and investment news front is rather quiet as well. But that will change before too long. We should enjoy the relative calm while we can, because Europe will soon be back in full crisis mode, coming off the summer. In today's Outside the Box we'll...
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The relationship between high total public debt and interest rates is controversial (to some); and in today’s Outside the Box Van Hoisington and Dr. Lacy Hunt of Hoisington Investment Management tackle the subject head-on, in their “Quarterly Review and Outlook” for Q2 2012. They bring...
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In This Issue: Investors Are Worried, But So Far No Panic The European Debt Crisis Spreads To Spain Europe’s Cure Is Known, But Will They Take It? Corporate Earnings Are Also A Problem Why Stock Prices Are Holding Up A Red Carpet For “Dividend Aristocrats” The Bottom Line In June, stock...
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IN THIS ISSUE: 1. Spain in a State of Emergency 2. The Failure of Spain’s Bankia SA 3. Latest Red Herring: A Eurozone “Bank Union” Fix 4. The Future of the Euro and the Eurozone 5. Consumer Confidence Heads Further South 6. The Fed: Time for QE3? 7. June 25: The End of Obamacare Rally...
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IN THIS ISSUE: 1. Overview – Greece Default Risk Accelerating 2. Is An Orderly Default by Greece Possible? 3. Greece’s Upcoming Elections Look Grim 4. G-8 Summit Members Ambush Germany’s Merkel 5. Webinar With Yacktman Capital Group on Thursday Overview – Greece Default Risk Accelerating...
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IN THIS ISSUE: 1. Value Investing Seizes on Market Inefficiencies 2. Introducing Yacktman Capital Group 3. Yacktman’s Seven Key Insights 4. Yacktman’s Risk Management Techniques 5. Performance Evaluation Overview Today we will delve into the...
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Waving the White Flag Viva Los Rescates Financieros de los Bancos Contagion is Real It Doesn’t End With Spain New York, Atlanta, and Philadelphia A common mistake that people make when trying to design something completely foolproof is to underestimate the ingenuity of complete fools. - Douglas...
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It really does seem to be All Spain All the Time, but there is a reason. Unlike Greece, Spain makes a difference to the eurozone. It may be both too big to allow to fail and too big to save. Last week I came across a very informative 50-page PowerPoint on the situation in Spain from Carmel Asset Management...
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IN THIS ISSUE: 1. Spain May Become Greece, Only Much Bigger 2. Europe Can’t Kick the Can Much Further 3. Spain Could Send Global Equities Into a Tailspin 4. There Are Times to be Defensive Spain May Become Greece, Only Much Bigger US stocks are having a big day today, with the Dow up just over...
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The War for Spain Spain Goes “All In” “We Are Not Greece” The New Labor Force A Little Blue Suede Shoe Trouble I fully intended to ignore Spain this week. Really, truly I did. I had my letter all planned, but then a few notes drew my attention, and the more I reflected on them...
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I debated with myself about what to send as this week's Outside the Box. I have decided on a recent short but important post from my friend David Kotok, Chairman and Chief Investment Officer of Cumberland Advisors. He calls it "I'm Worried." There are some very thought-provoking ideas...
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Today's Outside the Box comes to us from Grant Williams, who covers the world from his perch in Singapore, in his always instructive and always entertaining Things That Make You Go Hmmm... I felt for him right at the outset today, because (like yours truly) he was trying really hard ... not to talk...
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What Next? Where Next? A World with Too Much Debt Debt Restructuring and Write-Offs The Euro Zone: Pouring Fuel on the Flames What If… ? The Year(s) Ahead Auld Lang Syne "Whoever cannot seek the unforeseen sees nothing for the known way is an impasse." ― Heraclitus, Fragments Which path...