Thursday 26 November 2009

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  • 11/26/2009 05:55 AM

Quotable

"U.S. savings and loans held more troubled assets in the second quarter than at any time in the past 14 years, as more families fell behind on their mortgage payments. U.S. thrifts held $14.2 billion in repossessed assets and loans that are at least 90 days past due, the most since 1993…"

Bloomberg, August 22, 2007

Commentary

Credit Bubble Bulletin

by Doug Noland | Nov 20

Reflation Issues Heat Up

Gold and commodities on the run.  Asia discussing capital controls to deal with unwieldy "hot money" flows.  And additional confirmation that U.S. housing remains stuck firmly in the mud.  It was a week when global reflation dynamics were in clearer view.  

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The Bear's Lair

by Martin Hutchinson | Nov 23

Wanted: iconoclasts

The publicity and vituperation around the book tour of a middling ex-governor of Alaska seems to have nothing to do with Sarah Palin's politics, which judging from her term in office are unexceptional and only center-right.

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Featured Commentary

by Peter Souleles | Nov 24

One generation to regeneration

I dare say that everyone between the ages of 25 and death is living with regrets about the past, anxieties about the future or both.

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Guest Commentary

by Michael Pento | Nov 24

The weak dollar was supposed to fix everything

The inflation redux plan from the Federal Reserve and Washington is based on zero interest rates, massive deficits and quantitative easing, which are designed to bring down the value of the U.S. dollar and create inflation.

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