Friday, 24 July 2009

Prudent Bear.com

Quotable

"Back in 1980, the debt of slightly less than a third of U.S. industrial corporations tracked by Standard & Poor's was rated junk. By the late 1980s, more than half were, and now 71% of the pie fits into that category, a record according to a new S&P report."

Wall Street Journal, 1/4/07

Market Movers

Archive

Euro Rises to Near Seven-Week High as Industry Decline Slows

  • Bloomberg
  •  
  • 07/24/2009 03:49 PM

Oil Climbs to Three-Week High on Optimism About U.S. Economy

  • Bloomberg
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  • 07/24/2009 03:50 PM

Treasuries Little Changed as Stocks Fluctuate, Debt Sales Loom

  • Bloomberg
  •  
  • 07/24/2009 03:49 PM

U.S. Stocks Rise, Giving S&P 500 Best Two-Week Gain Since March

  • Bloomberg
  •  
  • 07/24/2009 03:48 PM

Commentary

Credit Bubble Bulletin

by Doug Noland | Jul 17

Global Reflation Update

Global reflation was back with a vengeance.

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The Bear's Lair

by Martin Hutchinson | Jul 20

Was Enron Right?

The mammoth profits reported by Goldman Sachs and the investment banking end of JP Morgan Chase last week surprised markets and demonstrated once again the power of trading operations to earn spectacular returns, for their protagonists and even occasionally for investors.

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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.

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Guest Commentary

by Stewart Dougherty | Jul 16

Six Syllables to a Savage Truth

On December 9, 2008, $65 billion of investor money was at peace.

Read more