Friday, 6 August 2010

Prudentbear


Quotable

"Chip Mason, chief executive and founder of Legg Mason, one of the world's biggest money managers, said yesterday that the credit markets are in the worst state he has seen in his 47 years in the business. ‘It is a very unusual situation. I have not seen anything like this, where nothing is traded.’"

Financial Times, December 5, 2007


Market Movers

Archive

U.S. Stocks Fall as Slow Job Creation Threatens Profit Recovery

  • Bloomberg
  • 08/06/2010 03:16 PM

Dollar Falls to Eight-Month Low Against Yen as U.S. Loses Jobs

  • Bloomberg
  • 08/06/2010 03:16 PM

Treasury Two-Year Yields Drop to Record After Payrolls Report

  • Bloomberg
  • 08/06/2010 03:05 PM

Oil Falls on Lower-Than-Projected U.S. Company Payroll Growth

  • Bloomberg
  • 08/06/2010 03:04 PM

Commentary

Credit Bubble Bulletin

by Doug Noland | Jul 30

Quantitative Easing Two

The focus turned to additional quantitative easing; the dollar sinks and commodities rise.

Read more

The Bear's Lair

by Martin Hutchinson | Aug 2

Did the Age of the Antonines End in 2007?

"Declinism" is coming back into favor and sounds plausible, but I don't entirely buy it.

Read more

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.

Read more

Guest Commentary

by Michael Pento | Jul 30

Don't Lose Sleep over Deflation

In reality, we have much more to fear from inflation.

Read more