Oil, gold, and stocks all on the retreat as liquidity and credit market troubles continue the financial meltdown slowly but steadily
Partha Chatterjee
Oct. 22, 2007

The economy is headed for a recession. Europe and US are leading the slowdown. The mortgage fiasco, fiscal mismanagement and total irresponsible behavior by large financial institution has dragged the economy and the financial system to its knees.

A nasty recession is eminent. But it will come very slowly and stay till it turns into a deflationary depression. The deflation will finally engulf everything as the debt service load on the economy far exceeds the potential for growth.

Oil, gold and stocks all on the retreat as liquidity and credit market troubles continue the financial meltdown slowly but steadily.

The real estate market is in the middle of a long-term multi-decade bear market. The commercial real estate will be eventually more affected than the residential real estate.

The hedge fund and the private equity speculators concern the oil market. These speculators put all the money they made from the Bush tax cut in speculating on oil, stocks, gold and real estate. All the four profit instruments are collapsing. If recession is in the cards, oil can collapse into low 40s within a year.

Stock market realizes the depth of credit related trouble from Merrill results and possibility of real estate depression
Sam Adelton
The Merrill result just confirms that we are looking at the tip of the iceberg as far as the credit related trouble is concerned. A sharp September drop in existing home sales confirmed the deep depression in residential real estate.
READ MORE>>

UPS guidance, residential real estate price fall, rising bankruptcies – all point to a nasty recession – why is stock market so confident?
Alex Brown
UPS guidance, residential real estate price fall, rising bankruptcies – all point to a nasty recession – why is stock market so confident?
READ MORE>>

History repeating – the classical disconnect between middle class common people and the rich shows a big bear market in stocks is here
Paula Ranske
Simply put, when the economy divides into two halves – the rich and the rest, the stock market and the economy goes into a downward cycle driven by the deflation.
READ MORE>>

Stocks poised to rally - Richmond Fed Manufacturing index shows moderate growth – bullish for the stock market
Kirsten McLauren
The stock market is poised to rise from a moderate growth signal from the Richmond Fed Manufacturing index. The dollar is also showing bullish signs. Fixed income securities will correct its recent explosive moves.
READ MORE>>

Oil, gold, and stocks all on the retreat as liquidity and credit market troubles continue the financial meltdown slowly but steadily
Partha Chatterjee
These speculators put all the money they made from the Bush tax cut in speculating on oil, stocks, gold, and real estate. All the four profit instruments are collapsing.
READ MORE>>

Reuters/University of Michigan index of consumer sentiment, due Oct. 26, may have dropped to a one-year low this month
Sam Adelton
Never before recession came with such overburden of debt. The recession can very easily slip into a depression-giving rise to deflation like never seen before.
READ MORE>>

MORE ARTICLES >>