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Most Recent Daily Reckoning Articles
Democratic and Republican Views at Comedic Loggerheads
First, the politicians appeared on the comedy shows… and now the comedians and talking heads can themselves represent the political debate. The laugh-ability of politics is almost getting too serious, or the other way around? At least it’s often funny, like this memorable moment:
Jon Stewart: Once you allow in a vacuum of power, what will assume…Read more…
The “Second Round of Pain”
If you’ve been thinking about reducing exposure to stocks, now might be a good time. And if you’ve been thinking about increasing your exposure to precious metals, now might be a good time.
According to Morgan Stanley economist Gerard Minack, the stock market is in for a correction after its 9-month “relief rally.” In a note…Read more…
Bubbles Greenspan and the Significance of Dow 10,000
A moment of silence, please, for our fallen comrade, the Dow Jones Industrial Average…
Yes, it’s true; the beleaguered index fell through 10,000 yesterday to finish the trading session below where it stood last November. But yesterday was not the first time the Dow ever fell below 10,000. In fact, it was the 28th time since…Read more…
