2010

This is the analysis emanating from the ECRI: (CNN) - Op-Ed by Lakshman Achuthan and Anirvan Banerji The good news is that the much-feared double-dip recession is not going to happen. That is the message from leading business…

On Comedy Central, the joke was on President Obama Wednesday night. The president had come, on the eve of what will almost certainly be the loss of his governing majority, to plead his case before Jon Stewart, gatekeeper of the…

The presence of an article in the links section at Credit Writedowns is not an endorsement of the views presented. However, it is a suggestion that the article is topical and worthy of your attention. If you would like to receive our links…

Next week, which may be considered one of the most important weeks of the year, brings a host of important events and data releases that many investors have been waiting for. The week technically kicks off tomorrow when the US reports 3Q…

This was my latest media appearance from last Friday. I spoke to Howard Green about the G-20 summit in Seoul with David Weidner of Market Watch. You can see some of my pre-meeting comments here. While I thought US Treasury Secretary…

The Germans are planning to put forward a plan to change  guidelines to the stability and growth pact (SGP) to give it more teeth. The sense in Berlin is that the SGP, which limits budget deficits to 3% and debt-to-GDP to 60%, has been…

According to figures released by the US Department of Labor, US initial jobless claims dropped to 434,000 this past week, their lowest levels in over three months. Analysts had been expecting upwards of 450,000 claims where the numbers have…

The problem with bailouts is that they allow companies with either poor economics or weak financial structures to compete on a more level playing field with stronger competitors.  The bailouts are like a subsidy which gives an unfair…

By Jeff Clark, Senior Editor, BIG GOLD We once had an ongoing series in BIG GOLD called, "1001 Reasons to Own Gold." The idea was that there were so many valid reasons to own the metal that I wanted to track and report on them.…

Nationwide Building Society reported a fall of 0.7% in British house prices in October, furthering the double dip in the UK housing market. According to the figures released this morning, the smoother three-month average decline accelerated…