Thursday, 18 June 2009

Prudent Bear.com



Quotable

“'The bottom line is that all those McMansions that were bought during this housing boom are going to go the way of the 1973 Lincoln Continental,’ Merrill Lynch’s David Rosenberg writes. The housing bubble was the most over-owned, overleveraged and oversupplied real-estate market ever, he says, and its unwinding will take years. The revival of consumers saving their money for retirement - rather than expecting their homes to provide the cushion - added with ‘move down’ buyers will depress real-estate prices, he says.”

Dow Jones, December 20, 2007

Commentary

Credit Bubble Bulletin

by Doug Noland | Jun 12

No Conundrum, Again

The market is beginning to grapple with the reality that there will be definite losers in the global reflation scenario.

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The Bear's Lair

by Martin Hutchinson | Jun 15

Resuscitating the Zombies

Citigroup has been restructured with $50 billion of public money without significant reform to its operations, the hedge fund industry had its best month in nine years in May and Goldman Sachs is said to be considering giving up its banking license.

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Featured Commentary

by Lila Manassa, CFA | Jun 3

When it Comes to Gold, It’s About Choosing the Right Companies

The precious metals sector is a useful hedge against a weakening U.S. dollar and irresponsible fiscal and monetary policies, but research is crucial to determining how and what to buy.

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Guest Commentary

by Satyajit Das | May 18

Catastrophic to Awful! - The Banking Spin Cycle

The recent rally in equity markets – the largest for decades – was predicated, in part, on the improving fortune of banks.

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Posted by Britannia Radio at 19:34