Market Movers
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U.S. Stocks Retreat on Earnings Concern; AT&T, JPMorgan Decline
- Bloomberg
- 01/05/2009 03:42 PM
quotable
"So long as the dollar weakness does not create inflation, which is a major concern around the globe for everyone who watches the exchange rate, then I think it’s a market phenomenon, which aside from those who travel the world, has no real fundamental economic consequences."
Alan Greenspan, November 18, 2007
Commentary
Credit Bubble Bulletin
by Doug Noland | Jan 2
It was quite a year. The numbers will have to speak for themselves...
Read moreThe Bear's Lair
by Martin Hutchinson | Jan 5
With an unpopular war, a deep recession, an irresistibly growing public sector, excessively rapid money supply growth that may spark off inflation, a dangerously large payments deficit and a workforce excruciatingly vulnerable to international competition, the United States is today in a similar position to that of 1970-71.
Read moreFeatured Commentary
by Satyajit Das | Dec 15
Where did all the money disappear? Liquid fantasies
In this current financial crisis, the quantum of available capital, the munificent resources of central banks and sovereign wealth funds, and the globalization of capital flows may be some of the accepted "facts" that are revealed to be grand illusions.
Read moreGuest Commentary
by James Quinn | Jan 5
Unintended Consequences - 20th Century and Beyond
The president, Congress, Federal Reserve, and Treasury try mightily to direct our economy. It is an impossible task.
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