Monthly Archives: November 2014

As property values decline, and economic demand slows, cash flow quickly becomes insufficient to maintain debt payments and loans default. We saw a similar surge in bad loans heading into the 2007 debt crisis… Another red flag from China as … Continue reading →

Yesterday Japan reported that its gross domestic product fell an annualized 1.6% in the third quarter, far worse than economists’ estimates of 2.3% growth, and throwing the country into its third recession since 2011. Of course, in perennially optimistic form, … Continue reading →

Head sales guy for Morgan Stanley gives his bullish spin in this clip (a little comic relief…what else would we expect him to say?).  Analysts on the buy side are not so optimistic. “The world economy is in its worst … Continue reading →