Teresa N. Fischer

The Stock Market's Shaky Foundation

Crumbling fundamentals in both the short term & long
Wednesday, February 26, 2014, 8:21 PM

According to the stock markets in the US and in Europe, the world’s economy is not just in good shape, but is in the best shape it’s ever been

The S&P 500 hit an intraday new record high of 1858.71 on Feb 24, 2014, and is now 18.6% above the peak it hit in 2007, a moment everybody now recognizes was heavily overvalued.

A nearly 19% gain above the prior all time high is an enormous and unusual event.  Surely there must be an equally compelling story and loads of fundamental data to support such a bull market? » Read more


New Harbor: Now is the Time for Discipline in Protecting Wealth

Lower stock & bond prices ahead
Saturday, August 24, 2013, 3:09 PM

The stock market has been on an upward streak for the past two years, with the Dow and S&P near their all-time highs. Recently, though, they've shown signs of toppiness. And certainly, the macroeconomic risks loom larger than ever. Where are equity prices most likely to go from here?

Interest rates on bonds have nearly doubled off of their historic lows from a year ago. That puts downward pressure on bond market prices, as well as a tremendous number of other important asset classes, like housing. Where are interest rates most likely to move next?

For these (and other) reasons, the current environment is extremely challenging for investors. » Read more

Daily Digest

Image by roberthuffstutter, Flickr Creative Commons

Daily Digest 6/25 - The Illusion Of The Perpetual Money Machine, BofA Whistleblower Was "Told To Lie"

Tuesday, June 25, 2013, 11:23 AM
  • Turbulent times ahead: Q&A with economist Didier Sornette
  • The Illusion Of The Perpetual Money Machine
  • The Banker Who Was God
  • Bank of America whistle-blower’s bombshell: “We were told to lie”
  • Alberta flooding could wipe $2-billion from Canadian economy in June
  • Bell accused of breaking labour law with unpaid interns
  • David Stockman: Market Downturn A Global Adjustment To Fed Easing
  • A Fiscal Train Wreck
  • Is Deep Sea Mining Worth The Risk?
Daily Digest

Image by Investing In Gold, Flickr Creative Commons

Daily Digest 4/25 - A Golden Twilight Zone, The Retirement Gamble

Thursday, April 25, 2013, 10:54 AM
  • Falling into a Golden Twilight Zone
  • Billions flow into the hottest new U.S. housing asset — rentals
  • Sugar industry's secret documents echo tobacco tactics
  • Goldman Sachs Just Covered Its Gold Short
  • Lawmakers warn cost of federal free phone program spinning out of control
  • Smartphones easily used to skim credit card data
  • Jim Rogers Exclusive: It's a "Race to Insanity"
  • Revealed: George Osborne’s secret veto on fraud inquiries
  • In Florida, a food-stamp recruiter deals with wrenching choices
  • The Retirement Gamble
  • As Forewarned, The Irish Savers Have Just Been "Cyprus'd", And There's MUCH MORE "Cyprusing" To Come
  • HUSSMAN: The Cover Of The Latest Barron's Is A Screaming Sign Of A Stock Market Top
  • Cal Wenzel Calgary Election Video: Developer Outlines Million-Dollar Plan To Influence Ballot
  • The coal-mining racket threatening Ukraine's economy
  • Norway opens up arctic waters to oil exploration
  • The Great Green Wall Of Africa: A 4,000 Mile Defense Against Climate Change
  • Brazil congestion delays export of record soybean crop

Let's Stop Fooling Ourselves: Americans Can't Afford the Future

Unemployment, taxes & unfunded retirements are squeezing us
Tuesday, March 12, 2013, 11:24 AM

The truth is: The three adult generations in the U.S. are suffering, and their burdens are likely to increase with time. Each is experiencing a squeeze that is making it harder to create value, save capital, and pursue happiness than at any point since WWII. At that point, we were a creditor nation with an economy exploding into dominance on the world stage. Now, however, the U.S. is the largest debtor nation and our economic hegemony is increasingly at seige across a number of fronts.

A continuation of the status quo is a decision to sleepwalk face-first into the constraints hurtling towards us.

Instead, shouldn't we stop fooling ourselves and ask: What should we be doing differently? » Read more


When Will Reality Intrude?

When will the market hit bottom?
Thursday, June 21, 2012, 9:57 PM

If we pursue the line of inquiry established by Chris Martenson’s recent call to Buckle Up -- Market Breakdown in Progress, we come to these basic questions: When will the market reflect the fundamental weakness of the global economy? And when will the market finally hit bottom? » Read more