2011

Market sentiment improves ahead of this week’s Jackson Hole speech; Stocks and oil higher. Market focus this week on Jackson Hole; Policy announcement likely to disappointment. Singapore and South African CPI and central bank meetings in…

We should observe a blowout in Eurozone interbank spreads. And while we may still see this in the coming weeks, we have not seen anything resembling 2008 levels of panic.

Sorry for the duplication. I am just switching the source automated links posting feature. China Construction Bank Posts Record $14.5 Billion Profit on Credit Demand China Construction Bank Corp., the…

In Defence of PIGS – Telegraph Blogs Readers have asked for a quick verdict on the Merkel-Sarkozy deal. I have nothing to say. There was no deal. It was a vacuous restatement of clauses that already…

Jon Stewart has noticed that Fox News is selling viewers on the view that ‘socialists’ like Warren Buffet and Barack Obama are engaged in class warfare. He presents an amusing view; take a look.

This has been an extremely tumultuous week throughout the capital and commodity markets. August itself has been a cruel month. The German stock market has lost around a quarter of its value. A marked slow down in the US and Europe in Q2 has…

Bond markets signal 'Japanese' slump for US and Europe - Telegraph Why Obama faces an uphill run for reelection - The Washington Post Facebook’s ‘Like’ Button Declared Illegal In Germany…

There appear to be no happy outcomes here (although as my friend, Tom Ferguson always reminds me, “If you want to have a happy ending, go see a Disney film”). We appear to be entering most dangerous time for Europe since World War II.

Frederick Searby says that Brazil has the opposite problem of the developed economies in that it is dealing with overheating and inflation while the developed economies have a serious deflationary undertow. His view is that if there is a…

This is a brief follow-up to my post yesterday proclaiming that this is looking more like Hoover every day. Credit Writedowns reader Greg came across the statement below. Who said it, Herbert Hoover or Barack Obama?