Markets

Sep 17, 2008 at 00:00

Today we are witnessing why in paper fiat-land debt is a four letter word; and a nasty one at that. The only thing the Federal Reserve has accomplished since its…

Sep 17, 2008 at 00:00

To protect against investment losses, investors should sell assets and hold cash. As credit tightens, cash rises against leveraged assets (or assets fall). This occurred dramatically in the credit busts…

Sep 17, 2008 at 00:00

There could be heroes that emerge in the market tumult, but I urge you not to try to be one of them ... Financial markets around the world are now…

Sep 17, 2008 at 00:00

Welcome to the wonderful world of derivatives and 30 times leverage Mr. Bernanke. Not many can claim to threaten the world's financial system. It took years of hard effort, but…

Sep 17, 2008 at 00:00

By nationalizing nearly 80% of AIG for $85 billion, the Fed is doing a lot more than simply flushing taxpayer money down the toilet. The greater wrong is allowing the…

Sep 17, 2008 at 00:00

When a significant number of stocks are making new highs on an exchange, it is bullish. When there are significantly more stocks making new lows then new highs it is…

Sep 16, 2008 at 00:00

Crude oil fell to a 7-month low today, with the October contract settling $4.56 lower at $91.15 a barrel. Continual risk de-leveraging, Hurricane Ike's apparent failure to cause much damage…

Sep 16, 2008 at 00:00

Drawing myself up in a posture of overbearing arrogance born of what appears to be some kind of natural law or something, I point out that booms always turned to…

Sep 16, 2008 at 00:00

We may remain in the grips of deflation through the remainder of the year. If problem of the financial markets bleed into the real economy as I expect, you can…

Sep 16, 2008 at 00:00

So you see in today's markets, which are more akin to betting parlors with all the derivatives speculators use to gamble with these days, it's the emotion attached to how…