Doug Noland

Prudent Bear

Contributor since: 26 Feb 2010

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• Policy Deserving of a Rant

  Published 27 January 2012 | viewed 0 times

  It has been labeled an intellectual exercise and ridiculed as "intelligentsia." I'll stick defiantly to the view that it remains one of the most important…

• Thoughts on the Crisis of Capitalism

  Published 20 January 2012 | viewed 0 times

  George Soros' "The Crisis of Global Capitalism..." was published back in late-1998, following a dreadful period of global instability. Such concerns for the most part…

• The Year of the Central Bank

  Published 13 January 2012 | viewed 0 times

  The start of a new market year is, undoubtedly, analytically intriguing. One wouldn't think that the calendar should have such impact. Yet January arrives with…

• Issues 2012

  Published 06 January 2012 | viewed 0 times

  If you haven't carefully read Bill Gross's latest, I suggest you dive into his analysis and then return to my "Issues 2012" if you still…

• 2011 in Review

  Published 31 December 2011 | viewed 0 times

  Coming into the year, I held to the thesis that 2011 was a "Bubble Year." If the Bubble ran uninterrupted, global risk markets would likely…

• Financial Arbitrage Capitalism After 10 Years

  Published 23 December 2011 | viewed 0 times

  Bill Gross penned a discerning op-ed for this past Monday's Financial Times, "The Ugly Side of Ultra-Cheap Money." From Gross: "Ultra low, zero-bounded central bank…

• Target2

  Published 16 December 2011 | viewed 0 times

  December 14 - Dow Jones: "German Finance Minister Wolfgang Schaeuble said the euro is stable, and the current crisis isn't one of the currency itself.…

• Q3 2011 'Flow of Funds'

  Published 09 December 2011 | viewed 0 times

  It is only appropriate that the release of the Fed's latest Credit data directs our analytical focus back to the U.S. Credit system and economy.…

• The Mythical 'Great Moderation'

  Published 02 December 2011 | viewed 0 times

  I won't be dismissing this week's policy and market developments. We're in a phase where the markets react to - and, really, are positioned for…

• Global Contagion

  Published 26 November 2011 | viewed 0 times

  The global Credit crisis took giant leaps forward this week. With even the euro region's depleted "core" succumbing, crisis dynamics are now anything but isolated…

• ECB to the Rescue?

  Published 19 November 2011 | viewed 0 times

  Spain paid 6.975% at Thursday's 10-year debt auction, the highest funding cost since prior to the introduction of the euro. Italian 10-year yields traded above…

• The Friday Perspective and the Wednesday Perspective

  Published 11 November 2011 | viewed 0 times

  So, shall we focus analysis on how things appeared Friday or Wednesday? From the Friday Perspective, there are a few hopeful stability green shoots emerging…

• Destructive, Destructionism and Inflationism

  Published 05 November 2011 | viewed 0 times

  I was struck last week by a question posed by CNBC's Simon Hobbs to Marc Faber - investor, analyst and financial writer extraordinaire: "In Steve…

• Money and the European Credit Crisis

  Published 29 October 2011 | viewed 0 times

  It would be reasonable - and it sure is tempting - to dedicate this week's CBB to a skeptical look at Europe's latest plan for…

• Mortgage Madness

  Published 21 October 2011 | viewed 0 times

  It would have been understandable had markets this week thrown in the towel on European policymakers. Coming into the week, there had been plenty of…

• Ring-Fencing

  Published 14 October 2011 | viewed 0 times

  For the week, the S&P500 jumped 6.0% (down 2.6% y-t-d), and the Dow rose 4.9% (up 0.6%). The S&P 400 Mid-Caps jumped 7.1% (down 5.7%),…

• Tuesday

  Published 08 October 2011 | viewed 0 times

  For the week, the S&P500 rallied 2.1% (down 8.1% y-t-d), and the Dow gained 1.7% (down 4.1%). The broader market was strong. The S&P 400…

• Testing a Thesis

  Published 30 September 2011 | viewed 0 times

  For another unsettled week in the markets, the S&P500 slipped 0.4% (down 10.0% y-t-d), while the Dow gained 1.3% (down 5.7%). The Banks rallied 1.0%…

• Recalling 'King Dollar' Distortions

  Published 24 September 2011 | viewed 0 times

  For the week, the S&P500 sank 6.5% (down 9.6% y-t-d), and the Dow fell 6.4% (down 7.0%). The Banks dropped 9.5% (down 33%), while the…

• Delta One

  Published 16 September 2011 | viewed 0 times

  For the week, the S&P500 surged 5.4% (down 3.3% y-t-d), and the Dow jumped 4.7% (down 0.6%). Technology was especially strong. The Nasdaq100 rallied 6.6%…