March 3, 2009
Useful (albeit intermittently erratic) discussion with long-short guy Eric Hovde talking about the commercial real estate market outlook (25% default rates), the current economy (it's a depression), and the bankruptcy of a stimulus plan that swaps substantial light-rail spending for...
A summary of a new Jeff Rubin of CIBC report on the excess capacity in the U.S. auto industry: The U.S. is producing too many vehicles, according to a new report from CIBC World Markets, and sales already at a...
Okay, enough of the faux bullish nonsense. Back to bearishness, starting with the end of retail. Here is a provocative new take on the subject by Jim Quinn: The managements of most retailers in the United States are not prepared...
In case folks can't tell, I've been on airplanes most of the day. Glad to see people are amusing themselves though. That's important -- especially on a day when the markets withstood an Obamabox(tm), with Geithner and Obama on CNBC...
I’ve been getting a bunch of emails in the last few days chiding me for not mentioning the many things that are actually improving in the U.S. economy right now. For example: Credit spreads are much-improved Bond activity is up,...
Somehow the phrase “raw-chicken eating” traders just doesn’t have the same ring: [via Bloomberg]...
