Bubble
Last week, Nouriel Roubini released an analysis exclusively for RGE clients. While maintaining his core projection of protracted U-shaped growth in the United States, Roubini argued that the risks of a double-dip recession in…Read
Last week, the BoE decided to leave rates unchanged at 0.5% and to forestall expanding on its GBP 200bn asset-purchase program, which was widely anticipated by the whole of economists in the Bloomberg consensus. It was hard to…Read
By Rob Parenteau, CFA, sole proprietor of MacroStrategy Edge, editor of The Richebacher Letter, and a research associate of The Levy Economics Institute.The question of fiscal sustainability looms large at the moment – not…Read
Last week I posted a Bloomberg news article supporting my suspicions that investors are putting bad loans back to the banks at an increasing rate. I used JP Morgan (JPM) as a specific example - Banks Swallow Another $30…Read
Breaking news — Chinese property prices just got a little more inflated.From Bloomberg (emphasis ours):China’s property prices rose at the fastest pace in almost two years in February,...…Read
E-House Holdings (EJ), despite stellar earnings, seemed to go into a tailspin a few months ago due to fears of a percolating real estate bubble in parts of China. While the pace of news stories on that front has only increased…Read
7 Ws in the title - that has to be some kind of alliterative record! What could we possibly be worried about with the market making new highs? Well, Im a little concerned that Shanghai housing prices fell 10% in a week. Thats…Read
The propaganda campaign by the US government is trying to mask the fact that the economic recovery plan is failing and that America is rapidly losing confidence in Team Obama.You cannot have a sustained recovery without…Read
The European Commission is considering a ban on certain Credit Default Swaps. The U.S. says it may follow suit with its own regulations. But there is a softer side of CDS. These derivatives can facilitate lending by allowing…Read
This time it really is different! I got rich in the dot-com bubble — for three months. Well, I should say richer. I didn’t actually get rich. And in the end, I got poorer. But I did catch the tail end of the bubble,…Read
Ben Bernanke, Chairman of the US Federal Reserve, faces a Sisyphean task because US banks are experiencing debt deflation and, because lending is now at much lower levels, monetary deflation is encumbering the domestic US…Read
The latest report on the property market in China is truly frightening. Despite measures taken by authorities to reign in the price explosion in Chinese real estate, prices rose at the fastest clip in nearly two years in…Read
E-House Holdings (EJ), despite stellar earnings, seemed to go into a tailspin a few months ago due to fears of a percolating real estate bubble in parts of China. While the pace of news stories on that front has only increased…Read
TOP STORIESChina Property Prices Jump, Bubble Risk Rises - BloombergA Consumer Bill Gives Exemption on Payday Loans - NY Times Fed to linger in agency MBS market after exit - ReutersAfter a winning year, fund investors still…Read