Here’s a quick rundown of the declines : Bank of America: -59.45% Citi: -43.63% Goldman Sachs: -45.89% JPMorgan: -21.28% Morgan Stanley: -44.22% Barclays: -33.31% Lloyds: -61.22% UBS: -28.42% Deutsche Bank: -27.01% BNP Paribas: -36.29% Société Générale:-58.49% Read more: http://www.businessinsider.com/chart-of-the-day-worst-perfoming-bank-2011-12#ixzz1iPhRyOMX
The Worst Performing Big Bank Of The Year Read More »
Japan’s debt to the tune of 200+% of GDP will finally begin to have a negative impact on the economy. The fiscal crisis will start off imperceptibly mid-Spring with a whimper but will deteriorate and become full-blown as the year wears on. In response the Japanese government will begin monetizing debt and injecting liquidity into the system. Therefore Japanese equities will likely outperform
2012: Japan Economic Crisis Comes To The Forefront Read More »
The U.S. Dollar horoscope is based on the Coinage Act, passed by the United States Congress on April 2, 1792, time unknown – set for 12:00 pm, in Philidelphia, PA which established the United States Mint and regulated the coinage of the United States. This act also established the dollar as the unit of money
2012 Prediction: U.S. Dollar Debasment Leads to Collapse of Currency Read More »
2011 was the Year of the Protester, according to Time Magazine. The insurgency targeting the ruling political elites in Tunisia, and then in Egypt, Libya, Syria, Yemen and Bahrain, has not been confined to the Middle East. Protests have taken place in Spain, Greece, Italy, France, Britain and Israel. And most importantly the United States
2012 Prediction: The Empire Strikes Back! Read More »
Sears waited until after Christmas to announce the close as many as 120 stores. CBS News reported yesterday, “Credit Suisse analyst Gary Balter says the softer-than-expected holiday sales performance point to “deepening problems at this struggling chain and renewed worries about Sears survivability.” Balter added that Sears’ weakening performance may lead its vendors to start
2012 Prediction: Sears Will Be Forced to File for bankruptcy. Read More »
The euro sank to a 15-month low against the dollar on Thursday as the European Central Bank (ECB) reportedly stepped in to prop up Italian bonds following an auction that revived fears Italy may be unable to refinance its huge €1.9 trillion borrowings. For the first time since early May 2010 markets seem to see
2012 Euro Forecast Read More »
2012 Prediction: Something very big will happen in America within the next 180 days. It will be more devastating than the credit crisis of 2008. For most people, it will hit them like a brick wall. It will touch Americans harder and deeper than anything else we’ve seen since the Great Depression. I will post
Have you ever seen any year compared to 2011? Since the Cardinal T-Square in July 2010 we’ve had BP Oil Disaster, Arab Spring, European Riots, 1700 U.S. cities with ongoing OWS protest, historical level of flooding, record droughts, record wildfires, record level of tornadoes, heat waves, along with 13 Deadly Earthquakes. Only 9% Congressional approval, with
2011 Just A Prelude to 2012 Read More »
Based on the Blacbox transit forecast for the iShares Silver Trust NYSEArca: SLV first-trade horoscope the outlook is bullish for silver as this precious metal gets more and more into the mainstream of investor awareness. The silver marekt is still very small market compared with gold and I predict that we will see more money-flows into that market over
2012 Prediction #2: Silver Hits $50 an oz. Read More »
