David Rosenberg evaluates dismal employment situation (1); dismal failure (1); DISMAL OPTIMIST (1); dismal reporting (1); dismal science (1).
Sat 2010-07-24 16:14 EDT
Not since Ken Rogoff's famous attack on Joe Stiglitz has the dismal science of economics provoked such pompous, self-important, personalised squabbling. Professors Paul Krugman and Niall Ferguson, of course, have form; they've been at it on and off for nearly a year now over the efficacy of deficit spending in fighting the downturn, and today they return to the fray...
zero hedge Mon 2009-10-12 10:10 EDT
Albert Edwards continues doling out common sense; everyone, and the market in particular, continues ignoring it...The post-bubble whiplash in the economic and profits cycle is exactly a replay of Japan?'s experience. They too had seen an extended period of strong and steady growth going into the peak of the bubble. It took many years, repeated painful lapses back into recession, and sharp declines in equity markets before investors fully de-rated valuations low enough to reflect a new new paradigm...To gauge whether the world economy can surprise and escape this balance sheet recession, keep a very close eye on the bank lending numbers.
Albert Edwards Warns; Becomes Japan Redux; dismal failure; positive; Western authorities; Zero Hedge.
Thu 2009-01-15 00:00 EST
SO AGAIN -- HOW DID IT HAPPEN? by Peter T. Treadway, The Dismal Optimist | The Big Picture; ``excess internationally derived high powered money creation and Minsky private sector credit creation'' ``near term further deleveraging and deflation will prevail globally...too early to buy stocks or real estate or art despite the apparent values''
Mon 2008-06-02 00:00 EDT
latest FDIC Quarterly Banking Profile "easily the most dismal report I've ever seen"
2008; closed; Ear; Hum; Hussman Funds; June 2; Wall Street deciding; weekly market comments.
