I include that “gonggggg” because that is the sound that I distinctly heard when I saw the figure “$540 billion”, so you can see why I was distracted with this “gonggggg” thing, as the first thing that crossed my mind was that it sounded like a funeral gong or something equally as spooky.
November 18th, 2008 | Mogambo Guru | 5 comments | ContinuedAll Posts Tagged With: "bernanke"
Gold Calls Bernanke’s Bluff
Gold and silver are calling Ben Bernanke’s bluff this week. Bernanke huffed and he puffed and he bluffed and he bluffed all month long about inflation. But the market realises that with America’s housing market mired in the muck, the Fed won’t be raising rates to defend the greenback this year.
June 20th, 2008 | Dan Denning | 9 comments | Continued
Hard to Keep Up With the Number of Ways Bernanke is Lending to Banks
The Fed is subsidising risk taking by continuing to lend generously at the discount window. It’s getting hard to keep up with the number of ways Ben Bernanke is lending to other banks, to investment banks, and to primary dealers.
April 8th, 2008 | Dan Denning | 0 comments | Continued
What if we have Begun a Major Bear Market on Wall Street?
Mr. Market always has a trick up his sleeve. What if his big surprise is that this downturn doesn’t go away after six months? What if house prices grind downward for five years… or more? What if we have begun a major bear market on Wall Street…
February 18th, 2008 | Bill Bonner | 0 comments | Continued
Subprime to Prime, the Whole Credit Structure has been Hit
From subprime, to prime, to home equity, to credit cards, to car loans, to buyout financing… the whole credit structure has been hit, some parts worse than others.
February 18th, 2008 | Bill Bonner | 0 comments | Continued