This comes from Bloomberg News via one of their top finance commentators, Caroline Baum.
Why Real Estate Market Is Nowhere Near a Bottom: Caroline Baum
Commentary by Caroline Baum

June 18 (Bloomberg) — Every time a housing statistic emits a faint [...]

This newsletter from John Mauldin arrived in my inbox this morning. If you haven’t read his newsletters they are very good, including those from Guest commentators like this one from James Montier.
I will add the text in full. It is quite long. In a future post, I’ll give you my thoughts on [...]

The world has experienced three periods of extreme financial dislocation in the past century, 1929, 1973, and 1990. Two of these have been deflationary. While most observers have their eyes firmly peeled on 1973 and its aftermath, 1929 and 1990 are the scenarios of greatest concern today. These deflationary periods should be instructive as [...]

Are we headed for a crash in commodities like the one in 1987 in equities? I doubt it. But, I am concerned that the commodities bubble is getting well out of hand. Certainly, the rationale for commodities as an inflation hedge and in a world of scarce resources is well-founded. However, [...]

Wikipedia has a great entry on the subprime housing bubble for anyone who wants a primer on the bubble and a subprime housing bubble timeline. Follow the link here. This a pretty comprehensive entry with some pretty heady stuff and a lot of good bits of information like:

A timeline from February 2007
A look [...]

I am on record for expecting a serious downturn after the Tech Bubble crashed in 2001. We muddled through for a few years, but ultimately most of the damage was done and gone by 2004. The Tech Bubble was a bubble of asset prices that had little influence on the underlying global financial [...]

With oil prices edging up near $120 a barrel, isn’t it time for a Windfall Profits tax on oil companies in order to alleviate the burden of the high cost of oil? The short answer is no. Let me explain why.

I f anyone doubted it, China’s bubble has finally popped. The Shanghai Composite Index is down 50% from its highs in 2007. That is a massive downswing that must have broader consequences. Moreover, this is likely the result of a realization that Chinese equities were overvalued in a world where the U.S. [...]

As the Fed Funds rate gets close to zero, pundits have been worrying about a pending liquidity trap. While I think these worries are well placed because the Fed is running out of bullets, I am more concerned about inflation right now.
We are in the midst of a credit crisis. Banks are having [...]

This blog entry is an updated version of something I wrote way back in 2004. I wrote 90% of this 4 years ago when housing prices were much lower. The fact that I can re-publish this today, largely unchanged, demonstrates how the housing bubble has morphed into a giant of grotesque proportions.
The global [...]