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Thursday, March 28, 2024

Weekend Reading

Courtesy of Tyler Durden

  • Russia economy to shrink 7.5% in 2009 according to President Medvedev (BBC)
  • Medvedev: Slump deeper than forecast (WSJ)
  • Andy Xie: Why one bubble burst deserves another (Caijing)
  • Paranoid theories can’t take the shine off gold (FT)
  • US States face “unbelievable” revenue shortages (Reuters)
  • October surprise from bank earnings? (MarketWatch)
  • Employers have fewer jobs to offer (WSJ)
  • Central banking: a blight on humanity (FSU)
  • JPMorgan, others to pay $100 million settlement (AP, h/t deadhead)
  • Citigroup hires Mr. Inside (NYT)
  • Steep losses pose crisis for pensions (WaPo)
  • An American fail: the Eastman Kodak tragedy (The Reformed Broker)
  • The speculative bubble in equities and the case for deflation, staglation and implosion (Jesse)
  • Momentum strength emboldens the bulls (Pragmatic Capitalist)
  • The “Democratization of Credit is over” – now it’s payback time (WSJ)
  • Currency depreciation and global imbalances (Michael Pettis)
  • Mourning rally (Cassandra Does Tokyo)
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