News

Crunch 'cost Arabs $2.5 trillion' - BBC News Ireland's financial sector is 'no Iceland', says minister - Telegraph Illinois-based National Bank fails: FDIC - Reuters Pimco’s Gross Buys U.S. Debt for First Time in Year - Bloomberg.com…

There is a lot of news out there so I have broken the links up into distinct sections. But, I have three topics of particular note today. They are banks, Ireland and Africa. Let's start with banks. Everyone has heard what is going on at…

This will be a bit longer of a preamble. Despite my bearish calls, I am feeling a bit tense about all of this market turmoil. Almost all of my calls are going the right way: oil, bank stocks, the general market, gold, Treasuries. Currencies…

Let's get right to the heart of things. It's the credit writedowns. They are coming and they are large. First, is Deutsche Bank coming in with a 4.8 billion Euro loss for the quarter. That's massive. The word on the street is that Deutsche…

Earnings season has finally begun, with Alcoa leading the way. They produced a major loss yesterday as expected. The question going forward is whether we will see any upside surprises. If we do, that might support stocks. I am not expecting…

The earnings season starts soon and we shall see how much the latest upturn lasts. I expect stocks to decline this year. Remember, there was a huge rally in 1930 before reality set in. I do see today as similar. That's my commentary for…

I am very happy that the weekend has been a fairly news-lite affair. It does seem like the worst of last September's panic is now over and we have moved to worrying more about the real economy than the financial system. Areas getting hit…

The big news is the economy and President-elect Obama's reaction to it. The pundtitocracy has really been hammering him on his staff picks and the meat of his stimulus package. To be sure, there have been a few positive notes about Obama's…

The news today is about interest rates and the economy. First, in the U.S., there has been a huge move to the upside in Treasury yields. The obvious question is whether we are seeing the Treasury bubble burst. There are numerous reasons…

The investing world started the new year in a really positive mood. Us, stocks for example are up nearly 20% from their 2008 lows just two months ago. However, there is a lot of work to be done as evidenced by the news flow from the real…