Sign in
Sign in
Recover your password.
A password will be e-mailed to you.
Is The American Dream Fading?
Below is the full hour-long "Investing in America" CNBC town hall meeting from this past Monday where President Obama took questions from concerned Americans on his plans for the economy.
For those who don't want to…
Xie: China’s housing market is “not crashing like I expected”
I don't know exactly what to make of Andy Xie's quote near the end of this first CNBC video below. He says "It's not crashing like I expected in 2012," referring to the Chinese housing market. Is Xie saying: A. The crash is not…
China, Japan and the US: Chinese Revaluation and Shopping Spree in US
US President Obama is scheduled to meet Chinese Premier Wen tomorrow on the sidelines of the UN meeting. Reports also suggest a bilateral meeting with Japanese Prime Minister Kan may take place. Even though the meetings will be separate,…
Why was AIG rescued after Lehman had failed?
According to former German finance minister Peer Steinbrück, AIG's rescue had a lot to do with European pressure. Steinbrück: The investment bank Lehman Brothers collapsed on Sept. 15, 2008, and the world's largest insurance company,…
On The Gold Rally, QEII and Other Links
Topic of the Day: The gold rally Gold is vaulting toward $1300. And even though the one title below suggest concern, both articles are bullish reads of the situation. The contrarian in me, on the other hand, prefers a slow, steady…
More Protectionism Likely
I agree with Michael Pettis that removing Larry Summers from the White House should be construed as a sign that the Obama Administration is poised to take a more populist tone with China. In June I wrote (More on China, Trade and…
More on My Interview with Former President Bill Clinton
I am still at the Clinton Global Initiative Annual Meeting and I want to suggest a few tactical political themes that arose as sub-context in the Monday night meeting I had with the former President. Bill Clinton is on message. Back in…
Rumors on the PBoC deregulating Chinese bank deposit rates
by Michael Pettis After three weeks of traveling it is good to be back in Beijing, even though now I have to work through the mountain of very fattening mooncakes my very kind students have given me for Mid-Autumn Festival Day. While…
Fed Action Spurs Risk Appetite
Highlights The US dollar continues to trade heavily in the aftermath of the FOMC statement that underscored the Federal Reserve’s readiness to move. Although activity has been choppy the direction is clear. The euro joined the other major…
Rosenberg: Seven Investment Strategies For A Deflationary Environment
The following is an excerpt of David Rosenberg's Monday Breakfast with Dave missive. INVESTMENT STRATEGY IN A DEFLATIONARY ENVIRONMENT Focus on safe yield: High-quality corporates (non-cyclical, high cash reserves, minimal refinancing…