Oil and China, stocks and the dollar..
Demand from China for energy was ratcheting up, right? Higher prices wouldn’t affect that, right? Well…
Murder on WallStreet. How they brought down Bear Stearns
A very instructive article. Somebody needs to put a stop to these destructive practices. It’s criminal. Here is the whole article (the emphasis is ours).
Chinese shares crash
Funny, we just wrote a not so positive outlook for Chinese shares in the weekend, citing inflation problems, and here’s what happens.
Is the mother of all corrections in China’s shares over?
Since last year, China’s shares have been correcting very steeply. Ok Arugably, they were very expensive at the top, but since the economy is still growing at 10% a year, […]
What to make of the market?
Stock markets are future looking beasts, but the future is pritty murkey.. A rule of thumb is that it looks half a year ahead or so. We’ve written numerous times […]
Higher unemployment could very well kill the US consumer
In the previous entry we discussed whether the previous stimulus package had actually worked and what another one should look like. The spectre of rising unemployment gives additional urgency to […]
Another stimulus package?
There is talk of another stimulus package. Is fiscal policy the right tool to get the US out of it’s funk?
Self-reinforcing loops in the economy are a big problem
Classical economics is all about equilibrium restoring mechanisms (we gave you a few examples in a previous post). You tilt something out of balance, and it sets forces in motion […]
Flexible markets get us out of a recession?
For a moment we were thinking that Jim Cramer might have been on to something with his call for a bottom in the market. He didn’t provide any reasons (at […]
What a boon this wouldl be.. Shareholders Unite!
Short sellers still dominate procedures in InterOil, but as we argued in a previous post, their days are numbered. Not only is the fundamental news out of InterOil way too […]