Friday, 10 July 2009

Prudent Bear

Commentary

Credit Bubble Bulletin

by Doug Noland | Jun 26

It is Economic

The bond market rallied,while it was an inclusive week for stocks.

The Bear's Lair

by Martin Hutchinson | Jul 6

At What Point Does the Economy Stop Working?

The Waxman-Markey "cap and trade" global warming bill passed by the House of Representatives on June 26 introduces what are essentially government price controls on energy, which currently represents about 9% of the U.S. economy.

Featured Commentary

by Satyajit Das | Jul 6

Ponzi Prosperity – Built-to-Fail Economic Models

Governments have limited resources to help with the current economic crisis; unfortunately, that’s not stopping them from trying. Their behavior — and the global financial collapse — calls into question social and political models based on growth fueled by high finance.

Guest 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.


Quotable

"The combination of rising delinquencies, higher foreclosures, more housing inventories, increasing interest rates on many mortgages and greatly reduced availability of mortgages due to limited liquidity is creating what we call a near-perfect storm for housing."

Kerry Killinger, CEO Washington Mutual, September 10, 2007