Stiglitz & Feldstein: conversation about Obama’s economic stimulus

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This post features Charlie Rose discussing Barack Obama’s economic stimulus package with Joseph Stiglitz and Martin Feldstein. Good stuff. [...]

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MADoff

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Source: Daryl Gagle

 

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Setting the bull trap

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“The Fed has declared a war on savers, a war on prudence and provided the ultimate Moral Hazard Card – and with our money no less. They are also setting up the ULTIMATE BULL TRAP – a trap so large that when it is sprung, perhaps as early as the end of the first quarter/beginning of second quarter, there will only be sellers left,” said guest contributor Bennet Sedacca. His post provides worthwhile reading material. [...]

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Words from the (investment) wise for the week that was (Dec 29, 2008 – Jan 4, 2009)

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Changing the digits on the calendar from ’08 to ’09 may not have transformed the dire outlook for the global economy, but during the holiday-shortened New Year week investors appeared adamant to put the rout of 2008 behind them. Read all about this and the implications for financial markets in my weekly review. [...]

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Stock market performance round-up: torrid 2008 ends with guarded hope

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A great deal has been said in the media about the performance of stock markets during 2008, and also specifically about the reversal of fortune since the lows of November 20. I therefore only briefly summarize the year-end performance of various global stock markets in this post. A performance table for different measurement periods ended December 31 is included. [...]

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Video-o-rama: Ring out the old, ring in the new

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Although this is a holiday-shortened trading week, there has certainly not been a lack of video clips hitting the airwaves. A number of these review the historically brutal year that has just drawn to a close. Others attempt to cast light on the outlook for 2009, debating whether markets will stabilize, or at least be less ugly than 2008. A few of the more interesting clips that have attracted my attention are shared in this post. [...]

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