Doug Noland

Prudent Bear

Contributor since: 26 Feb 2010

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• The 'Great' Debate

  Published 30 November 2001 | viewed 4,002 times

  Unsettled conditions continued throughout the financial markets this week, with the better than two-month rally looking more vulnerable to unbullish underpinnings each passing day. For…

• Edward Stone Shaw

  Published 23 November 2001 | viewed 4,181 times

  Today's buying propelled the market to another positive week. For the week, the Dow and S&P500 gained about 1%. Economically sensitive issues shined, with the…

• Hitting the Wall?

  Published 16 November 2001 | viewed 3,675 times

  It was another exceptionally unsettled week in U.S. financial markets, with interest rates moving higher in dramatic fashion. Nonetheless, for the week, the equity rally…

• 400 Basis Points (and counting) to Sustain the Unsustainable

  Published 09 November 2001 | viewed 4,320 times

  Extreme marketplace liquidity is for now fueling rising financial asset prices. For the week, the Dow and S&P500 added 3%. The Utilities gained 4%, with…

• Hero Turns Spoiler - or, McTeer "Getting Nothing"

  Published 02 November 2001 | viewed 3,516 times

  Unsettled conditions continue to dominate the marketplace in a most extraordinary environment. Volatility runs unabated in equity, credit and currency markets. For the week, the…

• Allyn Abbott Young

  Published 26 October 2001 | viewed 3,923 times

  It was a liquidity charged marketplace this week, with surging stock prices, sinking credit market yields, and record corporate debt issuance. For the week, the…

• Franklin D. Raines, Director of Central Planning

  Published 19 October 2001 | viewed 6,433 times

  Unsettled market conditions remain the norm, with sellers carrying more firepower this week. For the week, the Dow declined more than 1% and the S&P500…

• Its Wildness Lies in Wait

  Published 12 October 2001 | viewed 3,756 times

  Last week's Bulletin stressed that money and credit excess would likely manifest into significant divergences in relative prices. The analysis did not give proper attention…

• An Exceedingly Troubling Circumstance

  Published 05 October 2001 | viewed 5,530 times

  U.S. stocks rallied broadly this week, with the Dow and S&P500 adding 3%. The Utilities jumped 6%, while the Transports gained 1%. The Morgan Stanley…

• Moody's on the Financial Guarantors

  Published 28 September 2001 | viewed 5,199 times

  Global equity markets rallied sharply this week. In the U.S., the Dow and S&P500 surged almost 8%, with the Morgan Stanley Cyclical index jumping 9%…

• A Terrible Tragedy

  Published 21 September 2001 | viewed 3,577 times

  We are now in the grips of a full-fledged global financial crisis. In what Bloomberg is calling "the average's biggest weekly decline since the five…

• The 'Information Economy'?

  Published 31 August 2001 | viewed 3,504 times

  It was an absolutely dismal week for global stock markets, with the equity bear gaining momentum around the globe. For the week, the Dow and…

• Henry Calvert Simons

  Published 24 August 2001 | viewed 3,936 times

  Today's strong gains put most indices firmly in the black for the week, as the Dow and S&P500 advanced 2%. The Morgan Stanley Cyclical, Morgan…

• 'Off With Their Heads'

  Published 17 August 2001 | viewed 4,035 times

  The week ended ominously for financial markets at home and abroad. Global equities and the U.S. dollar came under significant selling pressure, while Treasuries and…

• We Could Have Used a Mr. Hawtrey

  Published 10 August 2001 | viewed 3,530 times

  This week appeared a key inflection point in regard to deteriorating economic expectations for the U.S. and global economy. Despite today's almost 220-point reversal, the…

• Superior Bank

  Published 03 August 2001 | viewed 4,888 times

  Global equity markets generally performed well this week. For the week, the Dow and S&P500 added about 1%, with the Utilities bouncing back for a…

• End of an Era

  Published 27 July 2001 | viewed 5,551 times

  It was a particularly unsettled week in global equity markets, as unrelenting earnings disasters, fears of continued economic deterioration, and general financial jitters kept investors…

• CDO Trouble

  Published 20 July 2001 | viewed 4,716 times

  A week of dismal technology earnings led equity prices lower from the U.S. to Europe to Asia. Here at home, stocks outside the tech sector…

• Comparative Advantage

  Published 13 July 2001 | viewed 4,741 times

  Argentina drifted into financial meltdown this week, with government bond yields surging to 36%, up from 13% just one month ago. Argentina's borrowing costs now…

• Breaking the Speed Limit?

  Published 06 July 2001 | viewed 3,872 times

  Global financial markets took a decided turn for the worst this week, with severe stress enveloping emerging markets from Latin America, to South Africa, to…