Category Archives: Main Page

Stephen Roach, former Morgan Stanley chief economist breaks down the risks facing the U.S. recovery; the cost of Fed policies; whether China’s economy is hitting a wall; and the race for the White House, with GOP presidential candidate, Rep. Ron … Continue reading →

Good article this week on the sales pitch hogwash served by the long-always-stocks crowd urging equities are cheap and attractive today relative to bonds. (Actually they say this everyday at every price, since they are always in the business of … Continue reading →

This morning stocks are rallying again on the fumes of bailout funds expected out the IMF meetings this week. Nonsense aside, Spanish bond yields are back above the completely unpayable level of 6% this morning. At the same time, the … Continue reading →