SubscribeOOOFAHHH: Now That Is An Ugly Situation
August 25, 2011
A 4% plunge on any index is not often seen. But to see it happen on the DAX is surprising. It is unfortunate that Germany has allowed themselves to get in this bind. Germany’s finances and economy are being ripped apart by the misdeeds of countries that did not keep a watchful eye on reckless Read more
The Housing Numbers: Can We Talk?
August 25, 2011
There is nothing to cheer about in the land of the empty houses. It would be a great idea if someone could come up with a reasonable idea to start the process of getting buyers to stop waiting for housing prices to move lower. Mr. Bernanke knows that deflation is the Read more
David Rosenberg: “If You Stop Interrupting Me”
August 24, 2011
Yesterday on CNBC, the usual morning hosts were all on vacation. That left the job of entertaining the audience to Tyler Mathisen, Michelle Caruso-Cabrera and and the always “exciting” John Harwood.
In an interview with David Rosenberg this morning, Harwood tried to get clarification Read more
China Markets vs. U.S. Markets: A Look Into The Future
August 23, 2011
China was ahead of the U.S. in providing the initial stimulus during the financial crisis of ’08/’09. Considering how their markets have performed since may give us some insight into what may be ahead for U.S. equity Read more
China’s Flash PMI: In The Contraction Zone
August 22, 2011
China’s Flash PMI actually came out slightly better than expected with the release showed a 49.8 print. This is still below the key level of 50 which is the line between contraction and expansion. It is starting to become very clear to investors that the global slowdown is for real. The length and depth is the only piece that continues to be elusive.
Whether all of these weak economic readings signals a recession in Read more
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