World Markets Snapshot (12/10/2008)
Below is the World Markets Snapshot published by The Economist, Year-to-Date to December 10, 2008. Among the notable…
Meredith Whitney: Outlook Grim for Banks, Spending
Meredith Whitney, Oppenheimer's influential bank analyst appeared on CNBC to discuss what she says is a "grim" outlook…
World Markets Bounce Off 52-Week Lows
The chart below highlights the recent performance bounces off 78 countries 52-week equity market lows. Its a good…
T-bill Rates Fall Below Zero
US T-BIll rates fell below zero today. Bloomberg says: Treasury Bills Trade at Negative Rates as Haven Demand…
High-Yield Credit Spreads Are Worsening
Based on Merrill Lynch data, high yield credit spreads continue to their mission to the moon, and there…
Commodities Snapshot
If you look closely at the charts for Natural Gas, Platinum, Copper, Silver, you can see that these…
James Grant: Return-Free Risk
James Grant, founder and editor of Grant’s Interest Rate Observer, and an editor of the newly published sixth…
Baltic Dry Index: A Valuable Leading Indicator?
The Baltic Dry Index is a very important indicator of the health of trade globally, as it measures…
10-Yr+ US Treasury and Canada Yields Falling
During the December 1st liquidation of stocks, the yield on 10-Yr. US treasury securities fell to 2.81%, a…
Joe Stiglitz: Bigger is Better
Joe Stiglitz writes in the New York Times: Joseph Eugene Stiglitz (born February 9, 1943) is an American…
Paul Krugman: Lest We Forget
Paul Krugman opines that financial reform and regulation of the shadow banking system cannot wait: Paul Robin Krugman…
'Encouraged by a wicked wizard, Greenspan, Bernanke toils at his printing press'
The Guardian has published below, an insight-full essay by Hugh Hendry, CIO, Eclectica Asset Management. Hendry's brash and…
Must-Read China Reading: World Bank Quarterly
If you read one thing on China this week/month/quarter/season, let it be the new World Bank China Quarterly.…
Bill Ackman: Pershing Square Q3 2008 Letter
Pershing Square Q3 2008 Investor Letter by Bill Ackman, November 15, 2008 at 11:44 pm These are extraordinary…
The Mother of All Bear Market Rallies?
Barton Biggs at Traxis Partners believes that equities could be setting up for ‘the mother of all bear…
