Stocks and risky assets stumble

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Global stock markets, as well as other risky assets, closed sharply lower over the past few days as concerns mounted over the sustainability of the global economic recovery and the outlook for central bank policy. Read on for an assessment of the outlook for stocks. […]






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Weak dollar is protectionist barrier, says Bill Gross

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The dollar is likely to continue depreciating and the “new normal” will see consumers shedding debt in an attempt to balance their books, Bill Gross, the influential manager who runs top bond fund Pimco, told CNBC Wednesday.

“I think the dollar is an over-owned currency. The Chinese, the Asians have basically owned […]

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Prieur’s readings (October 29, 2009)

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This post provides links to a number of interesting articles I have read over the past few days that you may also enjoy. Please post other interesting links in the comments section. […]






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Shiller says it’s more than stimulus driving home prices

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In this video, Robert Shiller, economics professor at Yale University and co-creator of the S&P/Shiller home-price index, talks with Bloomberg’s Carol Massar about the US housing market. […]






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As Wall Street pays out …

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“And when they wring the last penny from the last pauper, they will, at long last, let prosperity trickle down for all to enjoy,” concludes this brilliant cartoon. Click through for the full picture. […]






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