The Daily Reckoning Recent Articles

MaestroThe Real Reason the US Media Hates Vladimir Putin

Marc Faber

The U.S., Russia, the EU and Ukraine all met in Geneva, where all sides agreed to halt all violence and provocations in Ukraine. But the news media are still taking an antagonistic stance toward Vladimir Putin and Russia. What gives? Today, Marc Faber explains the hypocrisy behind U.S. foreign policy... and the BS the news media are pushing about it...


MaestroHow a Central Bank Really Shapes the Economy

David Stockman

As the saying goes, there are two things you never want to see being made: laws and sausages. But to hear David Stockman tell it, there could be a third thing added to that list: how crony capitalists make money. Today, Mr. Stockman gives a complete rundown of how this corrupt system really functions, and why it makes him ill. Read on...


VideoThe Art of Central Banking

Kate Incontrera

If you look at all the measurements, number crunching and financial instruments that are employed at the Federal Reserve, you may come to the conclusion that economics is a science. However, in his speech at the 2013 Agora Financial Investment Symposium, Bill Bonner explains why that couldn't be further from the truth...


A Simple Way to Sidestep High-Frequency Traders

Chris Mayer

A lot has been made of high-frequency trading lately - particularly how it's a shining example of Wall Street greed. But is it really all that bad? And if so, how can you insulate yourself from it? Chris Mayer reports from the Value Investing Congress, in Las Vegas, offering one sure-fire way to avoid the negative effects of these HFTs...


The 7 Biggest Tax Scams and How to Avoid Them

Sandy Botkin

It's tax season. And while the IRS may be be the most apparent threat to your income, it is by no means the only threat. Today, Sandy Botkin reveals the seven most dangerous tax scams that you need to be aware of before filing your taxes, and what to do to avoid the worst of them. Read on...


VideoStrange But Legitimate Tax Deductions

Kate Incontrera

With tax season in full swing, it's a perfect time to take a look at some strange but completely legal tax deductions that a select group of people are able to take full advantage of. The Daily Reckoning counts down some of the most interesting...


Attention: This is Not a Stock Market Correction

Greg Guenthner

The bull market has warped your brain. For the better part of the past year, stocks have offered nothing but backslaps and high-fives. Your favorite names streaked higher. That's why you're convinced we are now in the midst of a major market correction. But this isn't a correction. Not yet, at least. Greg Guenthner explains...


Mogambo GuruInvestment Solutions in an Age of Monetary Madness

Richard Daughty

An economy that relies as heavily on credit and debt creation as the U.S. does is bound to encounter trouble eventually. Today, the Mogambo Guru explains why this massive debt will inevitably destroy the economy and then demonstrates the subtle difference between a "Special Kind Of Stupid" and a "Special Kind of Brilliant." Read on...


A Contrarian Play on One of the World’s “Safest” Stocks

Rick Pearson

Chinese tech companies listed on U.S. exchanges tend to have a bad go of it in April. Heh... It seems Uncle Sam will get his pound of flesh no matter what nationality you are. And amid the carnage there is one company that stands out as the absolute worst company to own this April. Rick Pearson explains...


One Market to Avoid Like the Plague in April

Rick Pearson

There's a very specific reason not to hold Chinese stocks in April - particularly Chinese internet stocks, a handful of which many investors may be exposed to. DR newcomer Rick Pearson explores in full detail... and reveals a special way to play the market for an all-but-ensured 40% return on the trend. There's only 21 days left to use this strategy...