News

Beware the unwinding of the yen carry trade - FT Worse than Japan again becoming the source of almost free money, is the chance of an even more risky dollar carry trade, writes David PillingCracks appearing in Vancouver's condo boom -…

  PJB: Obama's First 100 Days - Patrick BuchananUndeniably, a powerful tide is running for the Democratic Party, with one week left to Election Day. Bush’s approval rating is 27 percent, just above Richard Nixon’s Watergate nadir and…

GOP 'mavericks' concerned with McCain - Politico In the past week alone, a handful of liberal, moderate and independent-leaning Republican officials have publicly announced they are supporting Barack Obama.Messy trial ends with a decisive…

The set-up for this morning is anything but good. We are looking at another ugly day as global equity markets have plummeted. We would be lucky to escape this with a 300-point loss like Friday.

We had a great comeback to be down only 300 points on the Dow yesterday. Who knew that the day would come when I would be satisfied with losing only 300 points. Below are some of the best of blogger posts on the web. Have a great…

'I made a mistake,' admits Greenspan Alan Greenspan, the former Federal Reserve chairman, said the credit crisis had exceeded anything he had imagined and admitted he was wrong to think that banks would protect themselves from financial…

Where can we start? There is so much news - all of it negative, I have news coming out of my ears. Let me do this news round-up a bit more like a live-blogging session then.All of this started, in my opinion, because credit markets seized…

Subscribe to my News Feed   Inequality in major U.S. cities rivals Africa: U.N. UNITED NATIONS (Reuters) - Major U.S. cities including New York, Washington, Atlanta and New Orleans have levels of economic inequality that rival…

Asian Market Losses Deepen - NYTimes.comAsian stock markets headed into another day of steep falls on Thursday, led by the Nikkei 225 index, which plunged more than 7 percent in morning trading.African free trade zone is agreedThe leaders…

My daily link list is available only via my Newsletter or Feed, but here is the overflow of links: Financial crisis and regulation's role in it NZ Inflation Rate Accelerates to 18-Year-High 5.1% (Update2) - Bloomberg Ohio Democrats Get…