Thursday, 16 September 2010

PRUDENTBEAR.COM


Commentary

Credit Bubble Bulletin

by Doug Noland | Sep 10

Bubble Thesis Update

In the battle between the bulls and the bears, it was an inconclusive week.

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The Bear's Lair

by Martin Hutchinson | Sep 13

Britain Without the Banks

For the disgruntled trading behemoths, the message should be simple: don't slam the door on your way out!

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Featured Commentary

by Satyajit Das | Aug 31

Swap Tango

The complexity of the issues means that ultimately no laws governing derivatives may be truly effective, validating a Marxist (Groucho's) proposition.

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Guest Commentary

by Neeraj Chaudhary | Sep 15

Don't Doubt the Double Dip

There is a good deal of evidence that shows the U.S. economy plunging into an abyss.

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Market Movers

Archive

Gold hits new high as dollar weakens

  • FT
  •  
  • 09/16/2010 06:44 AM

Pre-Markets

  • CNBC
  •  
  • 09/15/2010 04:43 PM

Dollar falls; Spanish auction boosts euro

  • Market Watch from Dow Jones
  •  
  • 09/16/2010 06:45 AM

Wall Street futures points lower

  • Reuters
  •  
  • 09/16/2010 04:53 AM

Yen Rises From Two-Week Low; Asian Mining, Bank Stocks Decline

  • Bloomberg
  •  
  • 09/16/2010 04:12 AM

Oil falls to near $75 amid high US crude supplies

  • AP
  •  
  • 09/16/2010 05:00 AM


Quotable

“'The bottom line is that all those McMansions that were bought during this housing boom are going to go the way of the 1973 Lincoln Continental,’ Merrill Lynch’s David Rosenberg writes. The housing bubble was the most over-owned, overleveraged and oversupplied real-estate market ever, he says, and its unwinding will take years. The revival of consumers saving their money for retirement - rather than expecting their homes to provide the cushion - added with ‘move down’ buyers will depress real-estate prices, he says.”

Dow Jones, December 20, 2007