Bill Bonner is the Founder and President of Agora Publishing, one of the world's most successful consumer newsletter publishing companies, and the author of The Daily Reckoning. Bill Bonner is also a frequent contributor to Strategic Investment. Bill Bonner is the author, with Addison Wiggin, of the New York Times business best-seller Financial Reckoning Day: Survivng The Soft Depression of The 21st Century.
Caterpillar, which people buy when they want to move dirt, warned that its earnings wouldn’t be as strong as investors had hoped. Is this more bad housing news?
A record high trade deficit was announced - $69.9 billion for the month of September. The number is shocking, edging up towards $1 trillion per year. But no one seems to care or even notice.
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