Markets

Apparently, the Swiss franc is too high -- or so says the Swiss central bank. As a result, they are selling francs in the foreign exchange market to get the franc to come down. There has been a lot of speculation about the Swiss and their…

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…

I was just re-reading my November post on quantitative easing when I got an alert about Pimco's inflation call.  While I still see downside risk for the economy, and, consequently, deflation, I have grown more worried about inflation -- one…

Jeremy Grantham, who is chief investment strategist of Grantham Mayo Van Otterloo & Co and manages over $85 billion is telling clients to get out of cash.  His March newsletter had this to say: Every decline will enhance the beauty…

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…

Graham Secker, a well-known equity analyst at Morgan Stanley who covers U.K. equities has warned that profits for U.K companies could drop by 60%, peak to trough. This would put make this downturn even worse than the 1930s.

In keeping with my the-sky-is-not-falling meme, I want t present yet further evidence that major market bears are increasingly seeing this market as a stock picker's dream. We're talking about Steven Leuthold, Bill Fleckenstein, Fred…

This prediction does make for a scary headline and gets Louise Yamada some buzz. But, Yamada is a technical analyst and is saying absolutely nothing about the fundamentals here. You should also note that Jeremy Grantham has said similar…

I was just discussing the recent revelation by the Federal Reserve's Don Kohn that the Fed has secretly been aiding the banking sector via AIG (here, here and here), when it was pointed out to me that a number of smart investors have been…

Make no bones about it, Manhattan real estate prices have been in an extreme bubble.  With stock prices down and Wall Street shedding jobs massively, this has come to an end. With sales prices of Manhattan apartments having tumbled by…