I wouldn't short it just yet, but it might be time to take some profits. Apple stock has everything going for it at the moment, but the price is getting out of hand.
The psychodrama has shifted from Greece to Italy. As the powers that be struggle to contain the problem, they are just delaying the euro’s inevitable demise. Plus: Caught up in MF Global.
The market is looking at the wrong measures when it comes to companies mining gold. When it catches on, these stocks will rise. Also: Warming up the printing presses.
Greece's financial saga will end, at some point, in default. Plus: The U.S. Fed is fooling itself on inflation, and why American housing is still a mess.
Fiscal discipline is a political liability in our bailout era, making money printing the more likely course. This may boost stocks even as it erodes purchasing power.
America's banks and the U.S. Fed helped paper them over, but deep problems remain for the U.S. real estate market. And they could soon trigger even more financial turmoil.
The start of a new month didn't bring out the buyers the way we've seen before in this easy-money rally. And that could be how the end begins.
Ben Bernanke seems to have won his imaginary battle with deflation, but the U.S. Fed chief (like many others) seems oblivious to the real threat of inflation.
The political crises sweeping the Middle East join the risks of unresolved economic issues at home. Yet speculators continue to run wild. How long can this go on?
From tablet devices to rare earth metals, trends are hot on Wall Street once again. But in the end, cooler heads will prevail.
Yes, the price of gold keeps rising. But for gold to be a speculative bubble, lots of people would have to buy into it. So far, participation remains thin.
The year opens on a strong note, with many convinced the worst is behind us. But will rising interest rates and prices cool off this optimism as 2011 rolls on?
Rising investment interest in gold reflects investor doubts, while falling interest in bonds is a reminder of how foolish the market can be.
Signs of a top in bond prices could set the tone for investors in 2011. The U.S. government may start having trouble funding its debt, taking away the Fed's printing press.
The Fed's irresponsible policies have led to serious discussion of a return to a gold-based monetary system. It's about time.
As markets struggle to figure out the Fed's next move, they're missing an important point: The U.S. central bank will succeed at raising prices, in spades.
As the U.S. Fed frets over the prospect of an overall decline in the price of goods and services, signs of rising prices abound.
The Fed is weighing how to push more money into the American economy, and, given the central bank's record, that's bad news for the greenback. Gold, anyone?
Through the market's weakness over summer and its recent strength, it's been wise for investors to maintain perspective and not chase the tape too closely.
As even the Cuban government lays off workers, the U.S. can't seem to face the looming problems posed by bloated public payrolls.
The signs are all there that the Federal Reserve is ready to step in with more policies and more money -- but without much more wisdom.
How can you navigate the threat of the 'flations'? One option is to follow the yellow brick road and buy gold.
If a well-known economist couldn't spot the biggest equity bubble ever, I wouldn't put much faith in his prediction of a bursting bond bubble.
Help on the U.S. employment front? All it should take is a little invention, and that help is waiting for us at the underfunded patent office.
A tour through earnings season shows why the outlook for stocks is not compelling. Case in point: Microsoft's solid earnings and the market's ho-hum reaction.
Wall Street has failed to grasp that consensus earnings estimates have no bearing on a company's financial health. Plus: Why mining stocks (wrongly) get the shaft.
The growing fear of falling prices is exactly why we need to protect ourselves from rising ones -- and the money printing that produces them.
The U.S. could learn something about monetary discipline and pro-capitalistic tax policies from a couple of unlikely sources: China and Russia.
If there's a sizable rally, big technology stocks seem most likely to outperform. But take care: The era of high valuations is over, and the future still looks rough.
A booming 'shadow inventory' in the U.S. housing market is almost certain to bring another wave of falling prices and another round of Federal Reserve stimulus.
The Contrarian Chronicles have a language all their own. Here's your guide.
The old man's vision must be failing. Due to the risk taking and speculation of the past decade-plus, he doesn't seem to see major developments before they hit him in the face.
With uncertainty, volatility and money printing the orders of the day, one asset is the clear winner when it comes to protecting wealth.
After their recent gyrations, there isn't a lot of motivation to either buy or short stocks. Plus: What's next for the tumbling euro?
There are signs that investors are realizing the real value of gold — and that gold stocks are like owning a piece of the moneymaking machine.
The euro wasn't built for this continuing battle to establish financial rules, pitting more-prudent countries against those requiring bailouts.
What sort of example is bailed-out Greece setting for the Continent? A strapped Ireland looks on, wondering whether it would be better if every country defaulted.
Even if a solution can be found that keeps Greece in the eurozone, bigger nations face similar difficulties. And in the U.S., we may be seeing the recent rally fail.
The players on both sides of the trade that the SEC has targeted knew the risks and knew one side was bound to lose. It's far from the worst sin of this mess.
One school of thought holds that when commodity prices are rising, businesses suck it up and consumers never feel it. Too bad that's wrong. Also: Are bonds for suckers?
Rising steel prices -- a symptom of America's money printing -- are a harbinger of increases in other industries. Plus: The odd man out in the smart-phone market.
The U.S. protects the big banks and Wall Street, so why not protect everyone with health care reform? Because, like the other bailouts, this will be a financial disaster.
For all the finger-pointing, a thick report on Lehman shows again that incompetent management was the problem. Short-sellers merely spotted it first.
A year after the market bottom, fear has faded, and stocks are up. But what happens if the printing presses stop rolling?
Greece and the United Kingdom are suffering a dire funding problem that is headed for U.S. shores.
Ben Bernanke can talk tough, but the U.S. economy would sputter if the cash stopped flowing. Also: The inflation or stagflation that's probably in our future.
Though the spotlight is now on Europe's financial difficulties, a recent move by China could signal the start of a similar, but much bigger, funding squeeze in America.
Unusually strong cross-currents are creating chaos in markets all over. We need to step back to sort out what's happening with stocks, bonds, currencies and gold.
If the big banks really had straightened out their balance sheets and posted realistic results, they might be justified in handing out all that cash. But they haven't.
By challenging the prevailing opinion, they can spot assets the market has priced too high or too low. And that's where profits await.
Since 1999, Time magazine has ignorantly lauded the blunders of Fed chiefs and their clueless cohorts. No wonder it named Ben Bernanke its Person of the Year.
The market has had a good run this year, but it seems like a top is forming. Now's the time for caution.
As the precious metal continues to soar, naysayers abound. But a few things need to happen before the yellow fever cools off.
The bubbles, toils and troubles that nearly wrecked the financial system should've been obvious to the policymaking numbskulls whose monetary tricks made matters worse.
The naysayers have said gold was ready to fall at every step of its upward march toward $1,100. But the world can't get enough of the shiny stuff.
The recent rally is impressive but historically not surprising. The U.S. Fed's money printing continues, and investor risk-taking has resumed. This all calls for caution.
The former U.S. Fed chairman has terrific advice about reining in risky bank practices to prevent another financial meltdown. But the U.S. administration apparently isn't listening.
As expected, Intel and other companies in the sector are beating their numbers this earnings season. Here's why that success might be just a façade.
Since Nixon severed gold from the greenback in 1971, the U.S. dollar's comparative value has fallen 97%. Money printing today will only hasten the currency's destruction.
Technology stocks could drive the market up for a while, but chip makers are in danger of overextending themselves once again.
Top investors in precious metals are waiting for a pullback to buy, but they say gold looks like a promising inflation hedge well into the future. China is hungry for it, too.
This important bellwether sector is generally too pricey for me and too risky to play -- long or short. Still, there is one name I like.
The busy money-printing machines are more predictable than the still-sputtering U.S. economy, making gold a smart choice even after a spike to $1,000 an ounce.
As weak stocks rally and speculators take control, there are reasons to believe the market could be in for a pullback. But I'm not betting on it -- at least not yet.
Central banks around the world won't stop printing money if it means choking off growth. Don't expect anything different from the U.S. Fed.
Here's a frightening prediction: The American public pension system's trust fund could go into the red in the next year, far sooner than expected. Will it get the next huge bailout?
Though sprigs of optimism permeate Wall Street, a bellwether American business says it doesn't know when things will get better. Meanwhile, U.S. mortgage rates are up, and American boomers can't even think about retiring.
The U.S. economy needs strong medicine, and it's getting a big dose of it. But the side effects are dangerous, and the prognosis for a quick recovery is poor.
Noted economist and New York Times columnist Paul Krugman says yes, but that's just nonsense. The seeds of today's crisis were planted before the Gipper even took office.
We've survived a financial meltdown, and we're working through a recession. But another phase -- when all the money printing melts down the U.S. dollar -- is just getting started.
Last time, there was trouble in the distance, though it was difficult to know just how far away. This time, what's dead ahead is hazy, but the case for precious metals is clear.
Two notable articles point to a less-than-shapely recovery, while a third leaves at least one reader stirred, if not shaken.
Talk of 'green shoots' suggests springtime for the economy -- or at least certain parts of it. But as any farmer can tell you, tender sprouts are vulnerable to a late freeze.
Stocks' reactions seemed disconnected from data last week, but that can happen at a turning point. Trouble is, such points are seen most clearly in a rearview mirror.
Cranking up the money-printing machines is like pouring gas on a smoldering fire. While the short-term response is predictable, the long-term effect is far from certain.
Knowing which companies to short is essential, but that's not enough. Investors must also manage positions in a market that doesn't always behave logically.
Markets have rocketed up, and investors are rejoicing. Whether the gains are transient or a trend remains to be seen, but earnings season could offer some clues.
The U.S. Treasury's trillion-dollar program to relieve American banks of their 'toxic' assets probably won't do much for the economic crisis. Skepticism (but not dogmatism) is in order.
The bubbles have burst, and the U.S. is (predictably) firing up the printing presses. This desperate move means the value of the American dollar is destined to disintegrate.
Last week's rally tempted many to believe that the market has bottomed. Maybe some stocks have hit their lows, but there are many reasons to proceed with caution.
As Washington and Wall Street grumble at each other, the U.S. economy continues to falter. A big bear market rally could tempt you back into the game, but for now, it's better to look than buy.
For all the anxiety the idea brings, Americans accept something similar whenever the FDIC takes over a bank. The real worry is financial Armageddon.
Almost everybody now realizes how grave the crisis has become. But we won't be able to escape from this dark place until we understand how we got here.
The fraud investigator who warned about Bernard Madoff has talent that's sorely lacking among U.S. federal regulators. Plus: Are tech stocks nearly immune to bad news?
Now that quick routes to prosperity -- via stocks and real estate -- have backfired, the U.S. is trying to print its way out of trouble. Americans needs to stop deceiving themselves.
The gloom of America's recession is moving in. Investors will see relief rallies but not a bull market. The bubble that spawned the current bust in the U.S. was huge, and so are the repercussions.
Huge losses caused by the U.S. housing/credit bubble, and the gigantic stimulus packages they triggered, have created a very complex, confusing financial landscape.
With a high savings rate, sensible mortgages and heavy reliance on cash, the Chinese are suffering less amid the credit meltdown. And a huge reserve of U.S. dollars doesn't hurt.
Trying to rescue the banks or the automakers from the risks of capitalism is a doomed enterprise. That's because, as we're all suddenly learning, the market is a savage place.
A hodgepodge collection of efforts has put Americans on the hook for piles of money, and what is there to show for it? A still-terrible market and a recession.
The Republicans weren't willing to pursue major reforms that could have put America on firmer financial ground. If their successors don't either, they will meet the same fate in four years.
Americans can bail out the financial system, but where will jobs come from to help the U.S. economy recover? And still ahead: What happens if the world stops taking American dollars?
The Oracle of Omaha is a better investor than you or I. But don't let his optimism lead you to dive into the market at this time. He can afford to take more risks than we can.
An astute observer says the financial system isn't anywhere close to a recovery, and a severe global recession is likely to deepen the disaster.
We haven't seen the moment of capitulation that ends a market bust, so the fear and pain will get worse before they get better. Also: Gold's next run-up.
The American banking system's meltdown will run its course soon enough. Then the U.S. will have to face the reality of the coming severe recession.
The bulls thought last week's quarter-point interest-rate cut wasn't enough. So the U.S. central bank found another way to lift the spirits of American investors.
Ben Bernanke's tough talk on inflation suggests the U.S. economy may be improving. He's wrong, and his comments will backfire.
Oil prices are soaring, inflation is raging in the U.S. and a recession is taking hold, while Wall Street continues to pretend the worst is over. But these problems won't just disappear.