Top News
More News
Bank of America Posts Quarterly Loss After Bailout
- Bloomberg
- 01/16/2009 06:04 AM
Citigroup Reports $8.3 Billion Loss, Split Into Two Businesses
- Bloomberg
- 01/16/2009 06:04 AM
U.S. `Bad Bank' Plan Gets Momentum to Revive Lending
- Bloomberg
- 01/16/2009 04:05 AM
Bank of America Receives $138 Billion of Rescue Funds
- Bloomberg
- 01/16/2009 04:04 AM
Democrats unveil $825bn stimulus
- FT ($)
- 01/15/2009 05:50 PM
Intel 4Q profit plunges 90 pct, meets forecasts
- AP
- 01/15/2009 03:28 PM
Market Movers
Archive
Gold Gains a 2nd Day in London on Rising Stocks, Weaker Dollar
- Bloomberg
- 01/16/2009 06:06 AM
Treasuries Tumble on Speculation Bailouts Will Swell Deficit
- Bloomberg
- 01/16/2009 06:05 AM
Gold Gains a 2nd Day in London on Rising Stocks, Weaker Dollar
- Bloomberg
- 01/16/2009 04:19 AM
- AP
- 01/16/2009 04:12 AM
Wall Street points toward higher opening
- AP
- 01/16/2009 06:03 AM
Quotable
"There was a time when gold was money. In today's uncertain world, the yellow metal is back in fashion. Bullion prices rose to a record nominal high after the assassination of Benazir Bhutto in Pakistan added to nervousness about the world economy. Part of gold's allure is its traditional status as a safe haven. It is seen as a store of value when everything else seems risky. But the bigger drivers behind the rising spot price are a depreciating dollar and the prospect of negative US real interest rates. A better way to think of gold may be as central bankers used to before America dropped the gold standard: not as a commodity, but as another currency. As long as the dollar stays weak, gold's bull run will last."
Financial Times, January 8, 2008
Commentary
Credit Bubble Bulletin
by Doug Noland | Jan 9
I promise there will be analysis next week...
Read moreThe Bear's Lair
by Martin Hutchinson | Jan 12
The Triumph of Wishful Thinking
For the government to run simultaneously monetary and fiscal policies that are breathtaking in their expansionism and expect to escape unscathed is a triumph of wishful thinking.
Read moreFeatured Commentary
by Satyajit Das | Dec 15
Where did all the money disappear? Liquid fantasies
In this current financial crisis, the quantum of available capital, the munificent resources of central banks and sovereign wealth funds, and the globalization of capital flows may be some of the accepted "facts" that are revealed to be grand illusions.
Read moreGuest Commentary
by James Quinn | Jan 5
Unintended Consequences - 20th Century and Beyond
The president, Congress, Federal Reserve, and Treasury try mightily to direct our economy. It is an impossible task.
Read more
Posts
