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Credit Writedowns

Goodbye to Credit Writedowns

Risks to growth and inflation helping keep long rates down

What’s your model on how real GDP grows durably?

Countrywide is the real problem at Bank of America

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Links: 2009-01-16 – Banks, Ireland, and Africa

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U.S. CPI: Lowest since 1954 – deflation here we come

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Peter Schiff: “Government is a burden on the economy”

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Ireland nationalizes Anglo Irish bank

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British commercial property prices down 27% in 2008

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Links: 2009-01-15

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Tendencies of irrational behavior

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U.S. unadjusted jobless claims fourth highest in history

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Abu Dhabi sovereign wealth fund loses $125 billion

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