Below is a CNBC video with Meredith Whitney in which she joins Nouriel Roubini on the doom and gloom parade.  Over the summer, both Whitney and Roubini were fairly optimistic. In June I said:
Think of the consensus forecast as an anchor which restricts the outlook of any individual forecaster afraid of failing unconventionally.
In Roubini’s case [...]

Just arrived in my inbox:

If you want to know what market momentum is all about, here you have it. Get in now to profit.
Sources
Bill Gross Calls High-Yield Corporate Debt `Overvalued’: Video (video here) – Bloomberg
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Christopher Wood, the well-noted market strategist at CLSA and writer of the classic Japan crash warning book “The Bubble Economy,” is now warning of a market correction in the West.  According to CNBC India, Wood believes that the markets’ extreme upward move is increasing the chances of a major correction.
Wood is still cautious. He says [...]

Here’s another bullet point in our ongoing tally of reflation indicators. It’s the return of risk in the form of start-up hedge funds (John Meriwether included).
From the FT:
Hedge fund launches are growing in size and number after months of subdued activity in the wake of the collapse of Lehman Brothers last year.
The revival of fund [...]

This is a guest post from our newest contributor, Charles D. Bull.
Greetings Writedowners,
Ed has gone to bed already. This is Charles D. Bull speaking.
You know, my wife told me yesterday that the local shopping area already has the Christmas tree up and is all geared up to drum up holiday season sales.  Shoppers were [...]

Jeremy Grantham is out with his much anticipated Quarterly Letter and it’s a good one. “Just Deserts and Markets Being Silly Again” is a cutting, snarling, and sarcastic rejection of the prevailing V-shaped recovery bull market view.  But Grantham is far from ultra-bearish, giving a more nuanced and realistic assessment for the medium and longer-term.
He [...]

Richard Bernstein has done a huge reversal in the last few months from touting low-risk stocks to high-beta ones. He has gone from a preference for consumer staples to one for consumer cyclicals (XLY). And he has gone from lugubrious doubter of a sustainable recovery to an almost V-shaped optimism. 
What is remarkable about the [...]

In today’s morning with Dave article, Gluskin Sheff’s Chief Economist and Strategist says the macro environment makes it look like 2007 all over again – as if the crisis never happened.
It’s like 2008 and early 2009 never happened. Hong Kong’s Hang Seng index just hit a 14-month high as the island benefits from Chinese growth, [...]

You have probably heard a lot of chatter from the media about a newfound thrift amongst American consumers.
The general take is that Americans, faced with lost incomes and wealth and burdened by record levels of debt, have moved away from the asset-based consumption models of yore. Instead of using the 401(k) or the house to [...]

That was the title of an e-mail I received from my bank today. Here is what the e-mail looked like: