Prudent Bear
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Economic Signs Turn From Grim To Worse
- Washington Post
- 01/30/2009 04:39 AM
Japan Heads for Worst Recession as Output Tumbles
- Bloomberg
- 01/30/2009 04:29 AM
Global Worries Over U.S. Stimulus Spending
- NY Times
- 01/29/2009 03:47 PM
Market Movers
Archive
Gold Climbs to 3-Month High in London as Fund Demand Increases
- Bloomberg
- 01/30/2009 05:06 AM
U.S. Stock Futures Erase Gains
- Bloomberg
- 01/30/2009 06:10 AM
Oil languishes below $42 on bad US economic news
- AP
- 01/30/2009 04:32 AM
Quotable
"The length and severity of depressions depend partly on the magnitude of the 'real' maladjustments, which developed during the preceding boom and partly on the aggravating monetary and credit conditions."
Gotfried Haberler, Prosperity and Depression, 1937
Commentary
Credit Bubble Bulletin
by Doug Noland | Jan 23
U.K. Takes a Turn for the Worst
The U.K. crisis took a troubling turn for the worst this week. What do developments across the pond portend for the U.S.?
The Bear's Lair
by Martin Hutchinson | Jan 26
The financial services rust belt
Those who have visited Michigan recently or the Mahoning Valley of Ohio in the 1980s can recognize the symptoms of a rust belt.
Read moreFeatured Commentary
by Satyajit Das | Jan 23
As the “financial’’ crisis moved into the “real” economy at the end of 2008, the incomprehensible discourse about arcane minutiae of securitized debt and derivatives (toxic three letter acronyms such as ABS, CDO, MBS, SIV; CDS etc,) that no sane person really understood, could be abandoned for the more familiar language of “recessions” and “depressions.” Familiarity, no matter how terrible, is comforting.
Read moreGuest Commentary
by Simon Smelt | Jan 26
Eight Structural Factors Undermining Any Turn-Around
Beyond rescue efforts and hopes of restoring confidence, deep structural forces remain unresolved. Current actions could make matters worse.
Read more