By Bud Conrad Chief Economist, The Casey Report - Casey Research As investors, the question we have to focus most of our attention on just now is what impact the credit crisis, the bursting housing bubble and the actions of the U.S. government will have on the economy and investment markets in the next...
IN THIS ISSUE: 1. The US Economy - What Kind Of Recession? 2. Fed Puts Real Skin (Our Skin) In The Game 3. J.P. Morgan Quintuples The Bear Deal - Why? 4. Market Implications - More Uncertainty 5. Are We There Yet (Market Bottom)? 6. Getting Out Is Easy - When To Get back In? 7. Conclusions - What To...
The subprime problem, we were told, would not spread to other markets. It would be "contained." And it has, according to Jim Grant. He quipped last week that it has been contained on planet Earth. The risks coming from rising defaults in the US (now above 600,000 and rising from just 200,000...