Doug Noland

Prudent Bear

Contributor since: 26 Feb 2010

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• The Government Finance Bubble

  Published 06 February 2009 | viewed 21,115 times

  For the week, the Morgan Stanley High Tech index jumped 10.6% (up 8.6% y-t-d), and the Nasdaq100 rose 8.2% (up 5.4% y-t-d). The Interactive Week…

• Inflationism: The Bane of Capitalism

  Published 30 January 2009 | viewed 6,243 times

  For another volatile week, the S&P500 ended down 0.7% (down 8.6%), and the Dow fell 1.0% (down 8.8%). The Morgan Stanley Cyclicals fell 3.2% (down…

• U.K. Takes a Turn for the Worst

  Published 23 January 2009 | viewed 6,257 times

  For the week, the S&P500 declined 2.2% (down 7.9% y-t-d) and the Dow fell 2.5% (down 8%). The Morgan Stanley Cyclicals fell 6.1% (down 10.5%),…

• A Divergence

  Published 16 January 2009 | viewed 7,342 times

  The S&P500 dropped 4.5% (down 5.9% y-t-d), and the Dow fell 3.7% (down 5.6%). The Transports sank 9.0% (down 11%), and the Morgan Stanley Cyclicals…

• Just The Facts

  Published 09 January 2009 | viewed 4,529 times

  I promise there will be analysis next week... For the week, the S&P500 dropped 4.4% (down 1.4% y-t-d), and the Dow fell 4.8% (down 2.0%).…

• Year-end Facts

  Published 02 January 2009 | viewed 6,121 times

  For the holiday week, the S&P500 jumped 6.8% ('08 decline 38.5%) and the Dow gained 6.1% (down 33.8%). The broader market also rallied sharply into…

• Q3 2008 "Flow of Funds"

  Published 19 December 2008 | viewed 5,600 times

  For the week, the Dow slipped 0.6% (down 35.3% y-t-d), while the S&P500 added 0.9% (down 39.5%). The broader market was much stronger. The small…

• We're All Steeler Fans Now

  Published 13 December 2008 | viewed 5,546 times

  Treasury bills traded this week again at negative yields. By week's end, one-month Treasury bill rates were at .01% and three-month yields at .015%. Two-year…

• Just the Facts

  Published 29 November 2008 | viewed 4,874 times

  For the week, the S&P500 jumped 10.7% (down 39% y-t-d), and the Dow increased 8.9% (down 33.4%). The broader market rallied sharply. The small cap…

• Just the Facts...

  Published 21 November 2008 | viewed 5,941 times

  For the week, the S&P500 dropped 8.3% (down 45.5% y-t-d), and the Dow fell 5.3% (down 39.3%). The Morgan Stanley Cyclical index was pounded for…

• The Only Cure for a Bubble...

  Published 15 November 2008 | viewed 7,528 times

  For the week, the S&P 500 dropped 6.2% (down 40.5% y-t-d) and the Dow fell 5.0% (down 35.9%). Economically-sensitive stocks were hit hard. The Morgan…

• Debt Trap

  Published 08 November 2008 | viewed 7,535 times

  For the week, the S&P500 fell 3.9% (down 36.6% y-t-d) and the Dow declined 4.1% (down 32.6%). The Transports were hit for 5.7% (down 19.8%)…

• Trick or Treat or Just the Facts

  Published 31 October 2008 | viewed 5,709 times

  Global markets regained some composure. Here at home, it was apparently the biggest one-week market gain since 1974. The Dow jumped 11.3% (down 29.7% y-t-d)…

• History's Biggest Margin Call

  Published 25 October 2008 | viewed 10,571 times

  What a vicious crisis. For the week, the Dow was hammered for 5.3% (down 36.8% y-t-d) and the S&P500 6.8% (down 40.3%). Economically-sensitive issues were,…

• The "Arb" Game is Over

  Published 18 October 2008 | viewed 6,358 times

  For the week, the Dow rallied 4.7% (down 33.3% y-t-d) and the S&P500 rose 4.6% (down 35.9%). Economically-sensitive issues, however, were under more pressure. The…

• Hoping There's Hope

  Published 10 October 2008 | viewed 6,095 times

  For the tumultuous week, the Dow (down 36.3% y-t-d) and S&P500 (down 38.8% y-t-d) sank 18.2%. There was no place to hide. The Morgan Stanley…

• The Wall Street Bust

  Published 04 October 2008 | viewed 8,787 times

  For the week, the Dow was hit for 7.3% (down 22.2% y-t-d), and the S&P500 was clobbered for 9.4% (down 25.1%). Economically-sensitive stocks were, again,…

• Changed Financial Landscape

  Published 27 September 2008 | viewed 7,230 times

  The stock market was almost a sideshow... For the week, the Dow dropped 2.2% (down 16% y-t-d), and the S&P500 was hit for 3.3% (down…

• Misdirected Credit Runs Unabated

  Published 22 September 2008 | viewed 6,214 times

  When I titled last week's piece "Too Big to Suffer a Loss" I had no real inkling of what the past week would have in…

• Just the Facts for Now

  Published 19 September 2008 | viewed 7,159 times

  Just when you thought you'd seen it all... Yet how wild could it have been with the Dow down only 0.3% (down 14.1% y-t-d) and…