Oil Is Steady as OPEC Likely to Maintain Output and Stocks Gain U.S. Stocks Gain as Retail Sales Beat Forecasts, China Rallies "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 by Doug Noland | Aug 28 Bernanke gets four more years. Yet another reason to speculate in stocks and bonds. by Martin Hutchinson | Aug 31 The Basel Committee on Banking Supervision last week issued new guidelines for mark-to-market accounting by banks. by James Quinn | Aug 19 Fat, Drunk and Stupid is No Way to Go Through Life America is at risk from a failing public education system. by Michael Pento | Aug 17 A Recovery Foundation Built on Sand Instead of allowing a cathartic and reconciling recession to run its course, the Federal Reserve (Fed) decided last year to again bail out the economy by greatly expanding the money supply.Prudent Bear.com
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Thursday, 3 September 2009
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