bonds – Page 71 – Credit Writedowns

Credit Writedowns

Finance, Economics, and Markets

Rosenberg: The Grinch who stole Christmas

Andy Xie: Central bank “arsonists have been asked to put out the fire”

Bill Gross: “almost all assets appear to be overvalued on a long-term basis”

Jeremy Grantham: The market is 25% overvalued; 15% correction coming

High yield is back in business in Europe

Plosser: The Fed must stop qualitative easing

Back to the future: Rosenberg says it’s like the crisis never happened

Currencies pegged to the dollar under pressure to drop peg

There is no trade-off between unemployment and budget deficits

Bill Gross: Sell equities and buy Treasuries