Sign in
Sign in
Recover your password.
A password will be e-mailed to you.
Browsing Category
Markets
Louise Yamada: financials going lower
In this weeks Barron's, Louise Yamada writes that financials in the U.S. have not fallen nearly enough in respect to their meteoric rise in the U.S. indices. She predicts further pain in the sector to where they represent less than a…
A brief word about speculation in oil
The front page of today's business section of the New York Times features an article by Joe Nocera that correctly questions Washington's preoccupation with speculators as the source of our oil crisis. It seems the witch hunt in Washington…
Peak oil: it’s all about the Saudis
Whether you believe that peak oil is here or you believe that it's fantasy, ultimately your opinion rests on whether the Saudis can pump more oil. For years, Saudi Arabia has been the swing oil producer, able to turn on its oil spigots…
Bernanke is responsible for the market meltdown
The Fed has lost all credibility in the markets. On Wednesday, Ben Bernanke was unable to put his money where his mouth is. Earlier, he jawboned on inflation, trying to match the BoE and the ECB in rhetoric, but his actions speak louder…
Marc Faber says avoid financials and buy gold
In an interview with CNBC India, international investor Marc Faber says that gold is his commodity of choice right now.
Marc Faber sees demand for commodities to come off in second half of 2008 in India and China. He will rather buy gold…
GM drops to 53-year low
Wow! I've heard of multi-year lows, but a 53-year low. That's painful.
Look, let's not beat around the bush here. GM is in big trouble. They sell many products that people don't want anymore (gas guzzlers), their growth engine is…
Rough day in the markets
Wow! That was an exciting, but stomach churning day in the markets. The Dow was way down, 358 points. Oil soared to a new high over $140 a barrel. The Euro hit a record against the yen. The TED spread is rising. Did I miss anything?…
Japanese stocks, Asian real estate and commodities
These are the picks of the day according to an article about what international investor Marc Faber is looking at. Despite the article's bullish call on commodities, I know that Faber is on the record as saying that oil is due for a…
Case-Shiller Home Price Index for April 2008 out
From the Case-Shiller PDF release today.Steep Declines in Home Prices Continued in April 2008 According to the S&P/Case-Shiller Home Price IndicesNew York, June 24, 2008 - Data through April 2008, released today by Standard & Poor's…
Naysayers, the housing bubble was obvious
I keep a bunch of articles on my blog's sidebar as a reminder of what was being said about the housing bubble, when and by whom. One article I omitted is from The Economist, warning of a 'global' housing bubble and illustrating…