Financial Sense Newshour
Many analysts have described the US as the "best-looking house in a bad neighborhood." Jim examines the US "house" and sees a case for optimism in the stock market.
Jim welcomes back John Williams from Shadow Government Statistics. John sees no way to avoid hyperinflation, as some of the warning signs are getting worse: rising real inflation rates, massive Fed monetization, foreign nations dumping dollars, and the US losing its triple A credit rating.
Jim is pleased to be joined from Singapore by Grant Williams: portfolio manager, strategist, and author of the popular investment newsletter "Things That Make You Go Hmmm." Grant sees trouble in many areas of the globe, but believes many of the crises, particularly in Europe, will be resolved this year.
In Leverage: How Cheap Money Will Destroy the World, well-known market commentator Karl Denninger literally follows the money, tracing the path it has taken through history and discovers a shocking truth—the power to control a nation's purse strings is addictive, and when that power falls into the hands of only a select few, they will pull the levers of government and policy to enrich themselves at the expense of everyone else. History is littered with the stories of collapsed monetary systems, and in every case the debasement of the currency in question, and the disasters that followed, can be directly blamed on excessive leverage, deployed in ill-intentioned and fraudulent ways by the elite.
Historian, economist and demographer Neil Howe joins Jim this week. Neil discusses how people who understand the intersection of "global aging" and "generational change" will do quite well in the world that is coming.
Jim welcomes famed technician John Bollinger this week to discuss, among other subjects, the rally no one believes in. In Jim’s first Big Picture topic, "What if it was Thanksgiving and you’re the turkey?" he looks at the rising cost of food. Ryan Puplava also wraps up this week in the markets.
In this segment, Jim looks at "The way we see 2012 shaping up," which figures to be a very interesting and likely volatile year. In addition Rob Bernard of the PFS Group discusses strategies for tax-free income.
In this segment of the Big Picture, Jim looks at the tough choice facing many investors in volatile markets; cash vs. dividends.
Jim welcomes back energy analyst Chris Nelder this week. Chris notes that nearly 40 years since the great 1973 Energy Crisis, the US still does still not have a credible energy policy.
Jim welcomes Francois Trahan this week, Vice Chairman and Chief Investment Strategist of Wolfe Trahan & Co. in New York. Francois sees monetary stimulus, rising economic indicators and low expectations equaling higher stock prices in the first half of 2012.