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	<title>DAG Advisor &#187; recession</title>
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	<link>http://www.dagadvisor.com/blog</link>
	<description>under construction(ism)</description>
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		<title>&#8216;Are US banks REALLY profitable?&#8217; &#8211; Commentary &#8211; 22 April 2009</title>
		<link>http://www.dagadvisor.com/blog/2009/04/are-us-banks-really-profitable-commentary-22-april-2009/</link>
		<comments>http://www.dagadvisor.com/blog/2009/04/are-us-banks-really-profitable-commentary-22-april-2009/#comments</comments>
		<pubDate>Tue, 21 Apr 2009 17:08:43 +0000</pubDate>
		<dc:creator>Anthony Truong</dc:creator>
				<category><![CDATA[Commentary]]></category>
		<category><![CDATA[Featured]]></category>
		<category><![CDATA[accounting]]></category>
		<category><![CDATA[asset write downs]]></category>
		<category><![CDATA[Bank of America]]></category>
		<category><![CDATA[Citigroup]]></category>
		<category><![CDATA[debt]]></category>
		<category><![CDATA[Goldman Sachs]]></category>
		<category><![CDATA[quarterly results]]></category>
		<category><![CDATA[recession]]></category>
		<category><![CDATA[TARP]]></category>

		<guid isPermaLink="false">http://www.dagadvisor.com/blog/?p=153</guid>
		<description><![CDATA[Various US banks, including Bank of America, Citigroup and Goldman Sachs, have recently released &#8216;better than expected&#8217; quarterly results, causing some commentators to claim that the banking crisis is over, and that perhaps TARP wasn&#8217;t needed in the first place to save the financial system.
What&#8217;s interesting about these quarterly results isn&#8217;t so much the numbers [...]]]></description>
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		<title>&#8216;With the continuing global demand in commodities/resources, won&#8217;t the effect of the US recession be limited, at least in Australia?&#8217; &#8211; Q&amp;A &#8211; 5 April 2008</title>
		<link>http://www.dagadvisor.com/blog/2008/04/with-the-continuing-global-demand-in-commoditiesresources-wont-the-effect-of-the-us-recession-be-limited-at-least-in-australia-qa-5-april-2008/</link>
		<comments>http://www.dagadvisor.com/blog/2008/04/with-the-continuing-global-demand-in-commoditiesresources-wont-the-effect-of-the-us-recession-be-limited-at-least-in-australia-qa-5-april-2008/#comments</comments>
		<pubDate>Fri, 04 Apr 2008 15:04:43 +0000</pubDate>
		<dc:creator>Anthony Truong</dc:creator>
				<category><![CDATA[Australian Equities Market]]></category>
		<category><![CDATA[Commentary]]></category>
		<category><![CDATA[Economic Outlook]]></category>
		<category><![CDATA[Q&A]]></category>
		<category><![CDATA[ASX]]></category>
		<category><![CDATA[bear market]]></category>
		<category><![CDATA[BRIC]]></category>
		<category><![CDATA[commodities]]></category>
		<category><![CDATA[crowd psychology]]></category>
		<category><![CDATA[doom and gloom]]></category>
		<category><![CDATA[Gold]]></category>
		<category><![CDATA[recession]]></category>
		<category><![CDATA[resources]]></category>
		<category><![CDATA[stocks]]></category>
		<category><![CDATA[US markets]]></category>

		<guid isPermaLink="false">http://www.dagadvisor.com/blog/?p=226</guid>
		<description><![CDATA[Question: At present, the markets seem to be thinking &#8220;too positively&#8221;, and even the Daily Reckoning is starting to cast doubts on its own &#8220;doom and gloom&#8221; predictions, especially with the way gold is performing (some parallels to your count). I think (unless I&#8217;ve misinterpreted their opinion) that the Daily Reckoning believe it&#8217;s time to [...]]]></description>
		<wfw:commentRss>http://www.dagadvisor.com/blog/2008/04/with-the-continuing-global-demand-in-commoditiesresources-wont-the-effect-of-the-us-recession-be-limited-at-least-in-australia-qa-5-april-2008/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<title>&#8216;Another interesting tid-bit&#8217; &#8211; Commentary &#8211; 17 March 2008</title>
		<link>http://www.dagadvisor.com/blog/2008/03/another-interesting-tid-bit-commentary-17-march-2008/</link>
		<comments>http://www.dagadvisor.com/blog/2008/03/another-interesting-tid-bit-commentary-17-march-2008/#comments</comments>
		<pubDate>Mon, 17 Mar 2008 03:24:31 +0000</pubDate>
		<dc:creator>Anthony Truong</dc:creator>
				<category><![CDATA[Commentary]]></category>
		<category><![CDATA[Economic Outlook]]></category>
		<category><![CDATA[Bear Stearns]]></category>
		<category><![CDATA[Ben Bernanke]]></category>
		<category><![CDATA[credit crisis]]></category>
		<category><![CDATA[deflationary crash]]></category>
		<category><![CDATA[depression]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[Fed funds rate]]></category>
		<category><![CDATA[federal reserve]]></category>
		<category><![CDATA[financial markets]]></category>
		<category><![CDATA[hedge fund]]></category>
		<category><![CDATA[interest rates]]></category>
		<category><![CDATA[JPMorgan Chase]]></category>
		<category><![CDATA[Long Term Capital Management]]></category>
		<category><![CDATA[mortgage securities]]></category>
		<category><![CDATA[NASDAQ]]></category>
		<category><![CDATA[recession]]></category>
		<category><![CDATA[systemic meltdown]]></category>
		<category><![CDATA[US Treasury]]></category>
		<category><![CDATA[wall street]]></category>

		<guid isPermaLink="false">http://www.dagadvisor.com/blog/?p=134</guid>
		<description><![CDATA[Fed Acts to Rescue Financial Markets
By EDMUND L. ANDREWS
Published: March 17, 2008
WASHINGTON — Hoping to avoid a systemic meltdown in financial markets, the Federal Reserve on Sunday approved a $30 billion credit line to engineer the takeover of Bear Stearns and announced an open-ended lending program for the biggest investment firms on Wall Street.
In a [...]]]></description>
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		<title>&#8216;When everyone starts talking recession and doom, isn&#8217;t it the case that it may not materialise at all?&#8217; &#8211; Q&amp;A &#8211; 26 February 2008</title>
		<link>http://www.dagadvisor.com/blog/2008/02/when-everyone-starts-talking-recession-and-doom-isnt-it-the-case-that-it-may-not-materialise-at-all-qa-26-february-2008/</link>
		<comments>http://www.dagadvisor.com/blog/2008/02/when-everyone-starts-talking-recession-and-doom-isnt-it-the-case-that-it-may-not-materialise-at-all-qa-26-february-2008/#comments</comments>
		<pubDate>Tue, 26 Feb 2008 09:45:12 +0000</pubDate>
		<dc:creator>Anthony Truong</dc:creator>
				<category><![CDATA[Commentary]]></category>
		<category><![CDATA[Q&A]]></category>
		<category><![CDATA[contraction]]></category>
		<category><![CDATA[doom]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[financial markets]]></category>
		<category><![CDATA[Institute of Supply Management]]></category>
		<category><![CDATA[recession]]></category>
		<category><![CDATA[stock market crash]]></category>
		<category><![CDATA[US Non-Manufacturing Sector Composite Index]]></category>

		<guid isPermaLink="false">http://www.dagadvisor.com/blog/?p=117</guid>
		<description><![CDATA[Question: Well I finally sold the bulk of my holdings with a relatively small loss, so I think I&#8217;m happy. Still have other holdings though, but I&#8217;m not sure if I&#8217;m ready to sell yet. This big crash you are expecting seems to not want to come out of its shell yet? From a contrarian [...]]]></description>
		<wfw:commentRss>http://www.dagadvisor.com/blog/2008/02/when-everyone-starts-talking-recession-and-doom-isnt-it-the-case-that-it-may-not-materialise-at-all-qa-26-february-2008/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
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		<title>Response to Daily Reckoning Article &#8211; 26 November 2007</title>
		<link>http://www.dagadvisor.com/blog/2007/11/response-to-daily-reckoning-article-26-november-2007/</link>
		<comments>http://www.dagadvisor.com/blog/2007/11/response-to-daily-reckoning-article-26-november-2007/#comments</comments>
		<pubDate>Mon, 26 Nov 2007 13:07:17 +0000</pubDate>
		<dc:creator>Anthony Truong</dc:creator>
				<category><![CDATA[Commentary]]></category>
		<category><![CDATA[EUR/USD Forex Market]]></category>
		<category><![CDATA[Economic Outlook]]></category>
		<category><![CDATA[Gold]]></category>
		<category><![CDATA[bonds]]></category>
		<category><![CDATA[credit crunch]]></category>
		<category><![CDATA[deflation]]></category>
		<category><![CDATA[depression]]></category>
		<category><![CDATA[derivatives]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[EUR/USD]]></category>
		<category><![CDATA[Fannie Mae]]></category>
		<category><![CDATA[housing]]></category>
		<category><![CDATA[inflation]]></category>
		<category><![CDATA[oil]]></category>
		<category><![CDATA[recession]]></category>
		<category><![CDATA[us dollar]]></category>
		<category><![CDATA[wall street]]></category>

		<guid isPermaLink="false">http://www.dagadvisor.com/blog/?p=17</guid>
		<description><![CDATA[This is a response to the following Daily Reckoning article:
Soaring Inflation Leads to Rising Bond, Oil and Gold Prices
By Bill Bonner &#8211; November 23rd, 2007
We’re watching the news carefully. Why? Because we think something is going to happen.
The markets are in an uncomfortable – and potentially explosive – position. On the one side, the unstoppable [...]]]></description>
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		<slash:comments>0</slash:comments>
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