The Casey Report’s David Galland: The End of QE2: Major Policy Shift Ahead (Interviewed by Louis James, Editor, International Speculator) Editor’s Note: David Galland, Casey Research partner and managing editor of The Casey Report, sees a major shift in Federal Reserve policy ahead and has advice on how to invest…

…friends and suggest they subscribe (http://www.frontlinethoughts.com/subscribe.asp). It is free, and you can unsubscribe at any time. As to those who write and suggest I charge for the letter because they would be willing to pay, I thank you for your kind words, but I am very familiar with the newsletter…

…Over My Shoulder subscriber Subscribe for just $9.95 per month Corporate Debt Disaster In an old-style economic cycle, recessions triggered bear markets. Economic contraction slowed consumer spending, corporate earnings fell, and stock prices dropped. That’s not how it works when the credit cycle is in control. Lower asset prices aren’t…

The Futility of European Elections By George Friedman Europe and the financial markets watched intently June 17 as Greece held general elections. German Chancellor Angela Merkel, French President Francois Hollande and Italian Prime Minister Mario Monti all delayed their flights to the June 18 G-20 summit in Mexico to await…

…Also, feel free to subscribe to The Daily Dirtnap, where all the deep thinking happens first. Portfolio Update Emerging Markets (OBOR) OBOR was up 2.3% in the last month. Last month, China announced that GDP grew 6.6% in 2018, which is the slowest growth rate since 1990. Manufacturing activity contracted…

…I know. You can subscribe to it by clicking on www.dailyreckoning.com/sub/ged1419.cfm and giving him an email address. Bill and his co-author Addison Wiggin wrote Financial Reckoning Day which actually made it to the #1 spot on the New York Times best-seller list. Amazon pairs his book and mine, “Bull’s Eye…

…number of new readers subscribe in recent months. Let me take this opportunity to welcome you. This week is more or less my fifth anniversary of writing this letter. We started with just a few thousand email addresses in September of 2000, and I am pleased to say that well…

Serbia’s Choice By Peter Zeihan More than 15 weeks after Serbia’s Jan. 21 national elections, time is running out for the various parties in parliament to form a majority coalition. Most Serb politicians do not see this as a problem. Serbian national pride is about to be crushed by Kosovo’s…

U.S. Consumers: Still Key to the Outlook (Excerpted from the April 2012 edition of A. Gary Shilling's INSIGHT) In the Dec. 2011 issue of my Insight newsletter, I wrote: “In the U.S., major new fiscal stimulus is on hold, and monetary policy is impotent. State and local spending, housing, inventory…

…you will have to subscribe to our service. It includes both a report card with grades and comments and a longer document analyzing our most important forecasts for 2016. Overall, we considered our forecast for 2016 to be largely successful. We had no significant failures, though we gave ourselves a…