Monthly Archives: January 2010

Govt Reinflating the Housing Bubble? TARP Inspector Says Yes

Calculated Risk Blog: TARP Inspector Says Govt Risks Reinflating the Bubble To the extent that the crisis was fueled by a “bubble” in the housing market, the Federal Government’s concerted efforts to support home prices risk re-inflating that bubble in light of … Continue reading

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Robert Shiller on the Impact of the Country’s Mood

NYT: Stuck in Neutral? Reset the Mood In reality, business recessions are caused by a curious mix of rational and irrational behavior. Negative feedback cycles, in which pessimism inhibits economic activity, are hard to stop and can stretch the financial … Continue reading

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Paul Volcker Defends his Too Big to Fail Proposal

NYT: How to Reform Our Financial System The specific points at issue are ownership or sponsorship of hedge funds and private equity funds, and proprietary trading — that is, placing bank capital at risk in the search of speculative profit … Continue reading

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John Mauldin on the Book “This Time is Different”

This book is appearing in columns everywhere.  John Mauldin offers a condensation of the key points.  Well-researched book.   Download 2010-1-29 John Mauldin This Time is Different “Perhaps more than anything else, failure to recognize the precariousness and fickleness of … Continue reading

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Bill Gross, PIMCO, and Outlook for 2010 – Not Good, Part Two

Pimco, Bill Gross: Investment Outlook Feb. 2010 There have been numerous changeups and curveballs in the financial markets over the past 15 months or so. Liquidation, reliquification, and the substituting of the government wallet for the invisible hand of the … Continue reading

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Global Debt Bomb – Good data, Bad implications

2010-1-29 Forbes The Global Debt Bomb More debt weighs heavily on GDP, says Carmen Reinhart, a University of Maryland economist. The coauthor, with Harvard professor Kenneth Rogoff, of This Time It's Different: Eight Centuries of Financial Folly (Princeton, 2009), Reinhart has found … Continue reading

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Global Macro Analysis – Not Good!

Download 2010-1-29 JOHN WILLIAMS’ SHADOW GOVERNMENT STATISTICS COMMENTARY NUMBER 274 State of the Real World, Fourth-Quarter GDP  The State of the Real World: No Economic Boom in the United States; No Happy Deficit Outlook. As discussed in recent writings, the … Continue reading

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Current Technical Analysis from a Respected Source

Download 2010-1-29 Elliott Wave Financial Forecast You don't have to understand all the lingo to get the point that everything looks bad right now!

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GMO’s Jeremy Grantham Sees a Stock Bubble

Download 2010-1-27 GMO's Jeremy Grantham Calls a Stock Bubble – WSJ.com His track record on calling it: Mr. Grantham is frequently bearish, so it was uncharacteristic in March 2009 when he urged investors to buy stocks. His timing, at the … Continue reading

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The Keynes/Hayek Rap

Economics like you've never heard it before. YouTube: Fear the Boom and Bust Video

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