Barton Bigss on Charlie Rose

Charlie Rose sat down with Barton Biggs, the former Morgan Stanley strategist, a few days back to talk markets and finance. The video is below as is a link to a recent article by Biggs in Newsweek. Biggs is not a fan of propping up…

Will Mexico suffer contagion?

While everyone seems to be shedding assets, Citigroup included, BBVA seems to be doing relatively well. If they are as strong financially as they indicate despite Spain's crashing economy, antitrust concerns aside, Banamex would be a good…

Stuffing bondholders

Most ordinary Americans feel a certain sense of rightoues indignation about the helping hand the U.S. banking industry is receiving from government. This sense of aggrievement is only made worse by suggestions that governemnt is not only…

1931

This account bears remembering because we can see the 1929-1933 descent as a two-part episode, with the second part starting here. It should be noted that there were a lot of positive economic signs before the Creditanstalt ruined this.…

Links: 2009-03-11

Guest post: A few thoughts about the banking crisis response in the United States - naked capitalism (This is a submission I did over at Yves Smith's blog. I forgot to add it to the links originally.) Don't Fall for Citigroup's Fantasy…

Have commodity prices bottomed?

If you have been folowing the commodities market, you would have noticed that most commodities have been rallying of late.  This includes oil, silver, gold, base metals and agricultural commodities.  Oil has gone from the low 30s to…

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