Friday 9 July 2010

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Pre-Markets

  • CNBC
  •  
  • 07/08/2010 07:59 PM

Oil rises to $76 amid optimism on global economy

  • AP
  •  
  • 07/09/2010 04:08 AM

U.S. stock futures marginally lower

  • Market Watch from Dow Jones
  •  
  • 07/09/2010 04:42 AM


Quotable

"The sharp downturn in housing markets across the country, which undermined the solvency of major financial institutions and severely disrupted the functioning of financial markets, has led the United States into a recession that will probably be the longest and the deepest since World War II."  2009 Budget and Economic Outlook, Congressional Budget Office, March 2009

ommentary

Credit Bubble Bulletin

by Doug Noland | Jul 2

Unavailability of Spending Crisis

One word describes the week: dismal

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The Bear's Lair

by Martin Hutchinson | Jun 28

Europe's Not the Problem

It is the United States and to a lesser extent Japan, not Europe, that have the greatest economic problems currently.

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Featured Commentary

by Satyajit Das | Jul 8

Nowhere to Run, Nowhere to Hide!

The best course of action for Greece would be to "temporarily" (that is, for the next several hundred years) opt out of the euro and unilaterally re-denominate its debt into the "new" drachma.

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Guest Commentary

by Charlie Husen | Jul 7

Our Orwellian Economy

Thanks to our Ministry of Finance, terrified investors have created a bubble in the perceived safety of long term bonds.

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