investing

I have been arguing for some time that the credit bubble has been replaced by a government bond bubble because much of the liquidity pumped out by the world's central banks is not going to increased lending. As this money must be invested…

Jim Chanos, the famous hedge fund guru and short-seller does not think stocks are going to be up for long.  He sees the recent rally on the back of promised government stimulus as temporary and expects markets to resume their downward…

You think things are bad where you were. Well, then, take a look at Ireland. Irish punters are really taking it on the chin. Stocks are down 75% from their peak in February 2007. This makes 2008 the worst year for Irish equities since…

Stephen Roach must feel a certain sense of Schadenfreude because he has been warning since the end of the Technology Bubble that U.S. monetary policy was reckless and would end in a very bad way. The bubble reached heights few anticipated,…

James Montier, a market guru usually known as a permabear has turned bullish of late. In keeping with my bullish sentiments, I have posted his thoughts below according to Bloomberg News. That said, I should always qualify my…

The renowned money manager Jeremy Grantham has had his first television interview ever with Consuelo Mack on Mack's program WealthTrack. Below is the video from that interview. Mack has promised to make a longer video available to those…

Bloomberg is reporting that Obama's transition team is exploring a pre-packaged bankruptcy filing for the US automakers as a solution to the stand-off in Washington. Apparently, Obama has some pretty savvy people in his transition team…

The issue of GM cannot be divorced from the broader issue of health care. Companies like Honda operate out of countries that made health and retirement benefits a national responsibility. And the perennially high price of gasoline, a…

Things were actually looking fairly good during midday given how horrible the credit markets (high yield, asset-backed and corporate) have become.  Sure, the bank stocks sold off, but the stock market in the U.S. was holding its own after…