You have probably seen stocks down today.  The dow is off nearly 200 points and the Nasda is down 50.  But, everything American is getting whacked today. The U.S. dollar, stocks, and bonds.  Look at the chart on Treasurys here – especially the long end.

Something is happening in terms of how investors see the risk [...]

The Bear here is Meredith Whitney, who says that bank stocks will return to negative earnings in the second quarter.  That’s a big and very specific call that is very much out of line with the consensus.  In an interview with Maria Bartiromo, Whitney says she did foresee the recent rally in financials, but that [...]

Not to go all bearish on you here, but I do think it is significant that a number of market pros are coming out of hiding and predicting some major turmoil.  The latest in this group is Jim Rogers.  He thinks we are about to have a serious currency crisis, with the U.S. dollar tanking [...]

As you all know, I think we are in a secular bear market rally/cyclical bull market right now. So, yes, this has been and may continue to be a powerful up-move in shares worldwide. However, I am certainly not convinced we are off to the races for the long-term here.
Now that we have gotten [...]

Below is a video of Meredith Whitney talking to Maria Bartiromo earlier today on CNBC (hat tip Calculated Risk).  In the video she suggests that banks might be able to beat earnings estimates for another one or two quarters before the lack of earnings power from deleveraging and the lack of the securitized business model [...]

The U.S. stock market has been off to the races, since hitting a low in March.  The S&P 500 has skyrocketed a massive 34%, erasing all of the losses of 2009.  Is this a case of much too fast too soon?  And is this a bear market rally?
Before I tell you my thoughts, let me [...]

Richard Bernstein asks a very good question in a wide-ranging interview with Bloomberg.  Now that the so-called green shoots are dominating the news coverage and the S&P 500 is up a massive 34% from its March lows, one might think we are due for a pretty Robust V-shaped recovery.  Is that what the future holds?
Bernstein [...]

Jeremy Grantham is out with his quarterly update. And he has a number of investment themes worth mentioning.  First, I should mention that his global outlook is fairly downbeat:
We are experiencing the most severe synchronized global downturn in several generations. While governments have been quick to react, there are limits to what policy can do [...]

Bill Gross, the founder of the world’s largest bond fund, PIMCO, is out with his new monthly market commentary. His subject: government involvement in the world of finance and investment. Below is a little of what he had to say. I have highlighted in bold the bits I feel most important.
A photograph [...]

For a moment forget that Mark Mobius is talking his own book. He suggests in the video below that we are in the early stages of a new bull market for emerging markets. He does not suggest that it will be off to the races from the word go, however. Mobius thinks we are base-building right now.