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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?

ISM Manufacturing Index: Deep recession territory

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Links: 2008-12-01

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Quantitative easing: printing money like mad to ward off deflation

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JPMorgan Chase: Large exposure to real economy downturn

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Links: 2008-11-29

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If the Fed were a commercial bank, it might be declared insolvent

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Stephen Roach: Americans’ abandonment of overconsumption is a good thing

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Marc Faber: I advise every American to hold his gold outside of the United States

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German chancellor chastises US for easy money

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US jobless claims down on seasonal adjustments

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