investing

Wading into the controversy surrounding Peter Schiff's investment under-performance, the Wall Street Journal has released an article which calls into question the fundamental arguments for Schiff's investment strategy. Schiff, a fund…

Update 08 Mar 2009: Remember this: Wells Fargo gave anxious investors a pleasant surprise Wednesday, reporting a profit drop that was milder than anticipated and lifting its quarterly dividend by 10 percent. Wells Fargo’s…

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.

I read about ConocoPhillips taking a massive $34 billion writedown and my first reaction was glee. Why? This type of draconian response demonstrates that the glut of oil we now see will soon be a deficit. The oil patch is notoriously…

In my book, losing a gargantuan $125 billion qualifies you as the dumb money. This appears to be what has happened at Abu Dhabi's leading Sovereign Wealth Fund. I had been warning all throughout 2008 that the Sovereign Wealth Funds were…

We are in a secular bear market. What this means for many pensioners or for many about to become pensioners is great uncertainty about the quality of their retirement. I expect this uncertainty to translate into anger regarding the move…

Fred Hickey is bullish. This is big news. He has sold all of his puts for the first time in years and is now playing the markets from the long side. His favorite picks are in precious metals and technology. See the attached video during…

An issue that has received scant acknowledgment in the media is the likely hole in pension funds books resulting from the recent out in shares. Pension funds must invest the money they receive today in order to provide pensioners funds…

As the New Year unfolds, it is time for predictions. I have done my part, giving a full account of where I see things headed in 2009 in my post "Top ten predictions for the 2009 global economy" and where I want to see them headed in 2009 in…

Given the fact that this site is called Credit Writedowns, you would expect me to take a fairly skeptical view about the growing consensus regarding a rapid recovery in 2009. I do, in large part because I understand that banks face many…