April 2010

Last week's most popular Albert Edwards: Global economy to roll over in six to nine months' time; bearish for shares Thinking about Creditanstalt today Andy Xie: I'll Tell You When Chinese Bubble Is About to Burst The…

On this edition of Peter Lavelle's 'CrossTalk' he asks his three guests including me whether the US Senate hearings humiliating Goldman Sachs are merely a show trial with the aim of watering down global financial reform. Take a look at what…

Regular readers know that, while I have a little of what Marshall Auerback calls deficit terrorism in my DNA, I fully support fiscal stimulus as a means to arrest a deep downturn.  The horrendous Keynesian nightmare My move into…

If you would like to receive our links in real-time please follow me at @edwardnh or go to our site’s News Feed (on site or rss). I also publish my links to my posts and some stories on my new Facebook page. Goldman Shares Down on…

The US turned in a fairly robust quarter in Q1 2010, with real GDP growth meeting expectations at 3.2% annualized. This comes on the back of a very robust annualized 5.6% growth in the previous quarter. This is the best growth two-quarter…

This is a list of all the credit ratings available on sovereign debt from all three big credit rating agencies, Fitch, Moody's and S&P.

Highlights The US dollar is surrendering its recent gains against most major and emerging market currencies today amid reports that new substantial Greek savings (24 bln euros) will be sufficient to spur a larger (100-120 bln euro) aid…

David Rosenberg is sick and tired of what I call the all bailouts all the time mentality. He writes in today's Breakfast with Dave piece: Ban the Bailout First we have governments bailing out banks (and auto companies and mortgage…

If you would like to receive our links in real-time please follow me at @edwardnh or go to our site’s News Feed (on site or rss).  Please send links via the contact form on the site.   Euro-zone sovereign debt crisis To Save…

As I said yesterday,  investment banks are institutions which do fulfil a useful role in society. I would define their role as companies where large institutions and governments receive financial advice and raise capital. Goldman Sachs…