Prudentbear.com Honohan Says Ireland May Tap ‘Substantial’ EU-IMF Loan GM IPO Raises $20 Billion Selling Common, Preferred Gold Climbs for First Day in Five on Weaker Dollar, Price Slump Treasuries Fall as Rising Stocks Sap Demand for Safest Assets Irish Bonds Jump on EU-IMF Aid ‘Expectation;’ German Bunds Drop Crude Oil Rebounds From Four-Week Low as Ireland Nears Bailout Euro Climbs for Second Day as Ireland Crisis Seen Contained Stocks, Commodities Rebound on Irish Bailout Talks; Euro Gains European Stocks, U.S. Stock-Index Futures Gain; Air France Rises "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 | Nov 12 QE2, Europe, China, inflation, the dollar, rising global yields and plenty of uncertainty. by Martin Hutchinson | Nov 15 The most foolish economic policy move ever? The Fed's QE2 is definitely in the running; final outcome will determine if it's the worst. by Satyajit Das | Nov 16 Recent bank stress tests were effectively car "crash tests" where the testing authority deems the car cannot crash. A debt problem cannot be solved with even more debt. by John Browne | Nov 17 Whether or not it is openly acknowledged, the U.S. government is pursuing a policy of great risk that offers no reward at the end of the tunnel.Market Movers
Archive
Quotable
Commentary
Credit Bubble Bulletin
The Bear's Lair
Featured Commentary
Guest Commentary
Thursday, 18 November 2010
Posted by Britannia Radio at 13:45