2011

We’re not taking a victory lap here but think gold is now in the midst of a massive repricing as a legit global currency/store of value. Central banks are buying even at prices north of $1,500 per ounce. These are strong hands and not the…

Hotel housekeeper sues alleged attacker Dominique Strauss-Kahn - CNN.com tags: Dominique Strauss Kahn FT Alphaville »…

A U.S. downgrade is, in itself, almost meaningless. A nation that issues debt denominated solely in its own currency and which is in full control of its monetary policy, cannot default unwillingly. Nations default because they run out of…

With the US downgrade now out of the way, we think market attention will swing back to other Developed Markets countries that are facing downward pressure on ratings too. Here is a summary of our most recent ratings outlooks for Developed…

Below is a pie chart representing the percentage of marketable U.S. treasury securities held by various investor classes as delineated in the latest Federal Reserve flow of funds report.

What Happened to Obama’s Passion? - NYTimes.com tags: Barack Obama More Bank of America Deathwatch: AIG to Seek $10+…

Sentiment remains poor after S&P downgrade; equities; safe haven trades to remain in vogue. Euro zone to remain under pressure despite ECB purchases of Italian and Spanish bonds. G7, G20, EU, and ECB weekend meetings have done little…

This statement was issued to demonstrate coordinated global support in view of recent market turmoil.

Marshall Auerback: More Bad Beer From S&Ps David Beers tags: ratings agencies The Growing Portrait Of Google As A…

Standard and Poor’s downgraded U.S. creditworthiness to AA+, becoming the first to remove the triple-A status from the world’s largest economy and largest debtor. Moreover, a negative outlook has been retained. The element of surprise…