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Weekly Preview archive June 2011

Weekly Preview archive

Preview for the week beginning June 13, 2011

Preview for the week beginning June 13, 2011

How do you make a sound of a train when it leaps off its tracks? What does a speeding sports car sound like when its lights go out, its accelerator gets stuck and it hits bend in the road? And suddenly its brakes get stuck too as it tries to slow down and get control of the situation? These are some of the images I have tried to convey of the “Asset Inflation Express” over the past year as the speculative planets Jupiter and Uranus moved together through the wild and independent sign of Aries.

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Preview for the week beginning June 6, 2011

Preview for the week beginning June 6, 2011

Consider the “Asset Inflation Express” now derailed.

The nail in the coffin was Friday’s job reports, showing payrolls increased a paltry 54,000, and unemployment increased to 9.1%. The USA economy is clearly in trouble and officially overdrawn on its debt ceiling limit. It manages only to get by for a few more weeks by borrowing from other accounts like the pension funds of federal employees.
 

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