Doug Noland

Prudent Bear

Contributor since: 26 Feb 2010

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• Pondering Post-Bubble America

  Published 31 January 2003 | viewed 3,749 times

  It was an even more volatile stock market than what has become the norm. For the week, the Dow and S&P500 dipped less than 1%.…

• An Integrity Problem

  Published 24 January 2003 | viewed 4,405 times

  It was a dismal week for the stock market. For the week, the Dow dropped 4% and the S&P500 declined 5%. The Transports were smacked…

• If Only...

  Published 17 January 2003 | viewed 3,927 times

  A gallant effort to resurrect the bull market was hit this week by myriad problems economic, financial, and geopolitical. For the week, the Dow dipped…

• The Transformation of Benjamin Strong

  Published 10 January 2003 | viewed 4,350 times

  It was generally another positive week for the financial markets. For the week, the Dow and S&P500 gained 2%, while the Transports, Utilities, and Morgan…

• Issues 2003

  Published 03 January 2003 | viewed 4,184 times

  My apologies for this unedited Bulletin! With the exception of yesterday's surprisingly strong ISM manufacturing survey, economic reports were almost universally dismal as 2002 came…

• Pondering The Next Shoe To Drop

  Published 20 December 2002 | viewed 3,611 times

  (UNEDITED) It was a rather inconclusive week, as we approach the holidays and year-end. For the week, the Dow and S&P500 added about 1%. The…

• Nehemiah And The Copycats or 'Non-Profit' But Big Business

  Published 13 December 2002 | viewed 6,069 times

  It was not an especially comforting week for the rose-colored glasses crowd, with stocks and the dollar faltering as gold moved to five-year highs. For…

• The Anatomy of a Maladjusted Economy

  Published 06 December 2002 | viewed 3,249 times

  The almost two-month stock market rally hit a speed-bump. For the week, the Dow and S&P500 dropped about 3%. The Transports actually added 1%, while…

• The Delta-Hedged Economy

  Published 29 November 2002 | viewed 3,260 times

  (UNEDITED) The Dow enjoyed its eighth consecutive week of gains, adding about 1%. The S&P500 and Morgan Stanley consumer indices gained less than 1% this…

• Death to the 'Bubble Poppers'

  Published 22 November 2002 | viewed 4,253 times

  This is one incredible financial and emotional roller-coaster, with good and bad days, weeks, months and quarters. We are, however, afforded an extraordinary opportunity to…

• Weak Links

  Published 15 November 2002 | viewed 3,567 times

  Market action was choppy, but the bulls sustained their rally. For the week, the Dow added less than 1%, while the S&P500 gained almost 2%.…

• 125 Basis Points Left to Sustain the Unsustainable

  Published 08 November 2002 | viewed 4,438 times

  Wednesday afternoon's growing conviction of a reinvigorated bull market faded into the reality of unresolved financial problems by week's end. For the week, the Dow…

• National Century Financial Services

  Published 01 November 2002 | viewed 6,429 times

  (I've got some work to do on this one...but it will have to do for now...) The stock market generally enjoyed another week of gains.…

• Throw in a REIT Bubble

  Published 25 October 2002 | viewed 4,793 times

  (UNEDITED) The stock market enjoyed its third week of gains. For the week, the Dow, S&P500, Transports, and Morgan Stanley Cyclical indices all gained about…

• Hawking 'Financial Peace of Mind' and Other Gross Financial Excess

  Published 18 October 2002 | viewed 3,809 times

  The stock markets rallied strongly this week, although there has yet to be a sighting of anything even remotely resembling financial market stability. For the…

• Juan & Maria Guzman

  Published 11 October 2002 | viewed 3,853 times

  Just when you thought it couldn't get any more chaotic… With a two-day rally of 564 points, the Dow ended the week up 4%. The…

• Coming Apart at the Seams

  Published 04 October 2002 | viewed 3,910 times

  Wow, that was another extraordinary week. For the week, despite Tuesday's 347 point gain, the Dow ended the week down 2%. The S&P500 dropped 3%…

• The Trials and Tribulations of Speculative Finance

  Published 27 September 2002 | viewed 4,566 times

  Financial instability abounds. For the week, the wildly volatile stock market saw the Dow drop 3% and the S&P500 decline 2%. The Transports and Utilities,…

• Soul Searching

  Published 20 September 2002 | viewed 3,512 times

  (My apologies, but a proofreader was not available this evening) It was a dismal week for global financial markets. Here at home, the Dow dropped…

• Liquidity Excess vs. Faltering 'Risk' Market

  Published 13 September 2002 | viewed 4,250 times

  The stock market demonstrated a rather mixed performance for the week. While the Dow declined about 1%, the S&P500 and Transports were about unchanged. The…