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Monthly Archives: March 2010
Meredith Whitney: Housing market sure to double dip
“I don't think there's much the Fed can do to get banks to start lending again. That's a structural problem, the model is broken,” Whitney told “Worldwide Exchange” this morning from Europe.
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Market sentiment complacent in the eye of the storm
The VIX is trading at the bottom of its two-year range, a possible signal that fear is leaving the market. Paul Britton, of the Capstone Holdings Group, and Nouriel Roubini, of Roubini Global Economics, share their insight this morning on … Continue reading
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Roach: "Keep watching the pithy commentators…for clarity, truth and justice."
Economist Stephen Roach appeared on CNBC Asia yesterday reminding us that the 9.7% official US unemployment stat dramatically under-states reality. The US Jobless rate today is actually 11.5% when we add back in the 3m disgruntled workers who have been … Continue reading
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