Friday, 6 March 2009


Quotable

"If we lose confidence in the ability and the willingness of the Fed to deal with inflationary pressures and sustain confidence in the dollar, we'll be in trouble."  Paul Volcker, May 15, 2008


Commentary

Credit Bubble Bulletin

by Doug Noland | Feb 27

A Week of Big Numbers

How is it possible for financial sector losses and federal deficits to be so incredibly large?

Read more

The Bear's Lair

by Martin Hutchinson | Mar 2

One Casino Too Many

Wall Street over the last generation has been a prolific generator of casinos, in which the dealing community can make a very nice living indeed by providing investment and “hedging” services to outside investors.

Read more

Featured Commentary

by Satyajit Das | Mar 3

“Holes in the Ground” - The End of the Commodity Super Cycle

The commodity “super cycle” proved super short. The commodity “boom” is now officially a “bust.”

Read more

Guest Commentary

by James Quinn | Mar 4

Stairway To Retail Heaven

She was buying the stairway to heaven using her home equity line, but now that she is underwater on her mortgage, she tried to pay using her Amex card, but her credit score had dropped to 600 and they cut her credit line in half.

Read more