Forecasts

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…

The jobs picture is looking grim. Jobless claims for the week ending 14 Feb 2009 were 627,000, pushing the average to 619,000. Additionally, nearly 5 million people are staying on the unemployment roles, the highest figure ever. But, it…

On February 6th, I started a poll asking whether the global economy was experiencing a recession or a depression. In the interim, I have tried to stay neutral on the issue. Now it is time to close out the poll. Below you can add your…

Today's Globe & Mail does an excellent job of presenting the three different potential outcomes for the global economy, one optimistic, one pessimistic and a third somewhere in between. Below are the key snippets of their article…

With a name like "Credit Writedowns," this site is obviously not preternaturally given to the wildly optimistic scenario. In fact, my operating assumption is to hope for the best, but plan for the worst and expect something in between.…

Despite having made a number of bearish comments regarding China and its near-term outlook, I am a long-term China bull. Even over the short-term, China's willingess to fund long-term infrastructure projects will serve as a buffer against…

I do not think General Electric is AAA company -- far from it. Their finance arm GE Capital is at the center of the private equity and asset-backed security time bombs that have yet to explode. And this makes the cash flow expected from…

In 2008, the FDIC successfully shut down 25 banks. This year it has already been six. To date, the FDIC had generally been able to find a buyer of one of the failed banks' deposits. After all, outside of IndyMac, the large majority of…

Louise Yamada is one of Wall Street's foremost technical analyst. She is quite bearish and thinks the Dow Jones Industrial Average could go to 6000. Her advice: sell stocks.