logicalthought

$59 Billion Dubai Debt Default Could Have Much Wider Implications

I hope that no one on Wall Street has spent his or her 2009 bonus yet, because I guarantee you that this time, no one in Congress (who wants to keep his or her job) will vote to bail out ANYONE.

Equity Market Bears, Take Careful Note of the Chinese Stock Market

I would like to see the volume bars on this chart... If they're not increasing on each of those days, then I agree with socrateaz in that both charts (especially the first one) look awful "wedgy" to me (kind of like the most recent few days of the SPY, which has been going up on shrinking volume), and thus vulnerable to a large drop. More fundamentally, for folks who believe that "the Chinese consumer" can pull the world out of this mess (and I'm not one of them for at least the next several years, although eventually that might happen), why SHOULDN'T the Chinese market decouple from ours at some point?

The Problem of Where to Invest

May I suggest Beanie Babies? If nothing else, it's better than real estate:

www.nydailynews.com/mo...

Predicting the Next Great Bubble

I like the way this guy thinks!