Category: Global Finance
By Larry Doyle on Mar 14, 2009 in Current Affairs, Economy, Equity Markets, Global Finance, International Monetary Fund, Obama Administration, Sense on Cents (Larry Doyle blog), Wall Street | 10 Comments
While there is nothing like a nice 10% rally in equity markets to salve a wounded soul, let’s not get overly ebullient. The global economy is facing a host of issues the likes of which it has not seen in a long time, if ever. I truly relish the honest perspectives offered by a number [...]
By Larry Doyle on Mar 14, 2009 in Banking Institutions, Current Affairs, Economy, Foreign Affairs, International Monetary Fund, Sense on Cents (Larry Doyle blog) | 14 Comments
***Cross-posted from my blog, Sense on Cents. Come by and visit! On January 31st, I wrote a lighthearted piece, Know Your Customer, about my personal experience with an Asian counterparty. The lesson I learned from that experience back in the late 1980′s was that business dealings in Asia are ultimately “a question of honor.” Are [...]
By Larry Doyle on Mar 10, 2009 in American Consumers, Banking Institutions, Barack Obama, Christopher Dodd, Chuck Schumer, Clinton, Congress (House & Senate), Democratic Party, Economy, Equity Markets, Fannie Mae, Freddie Mac, Global Finance, Republicans, Wall Street | 39 Comments
A great American and loyal reader (thanks FL) shared a report recently produced by not-for-profits Essential Information and The Consumer Education Foundation. This report, Sold Out: How Wall Street and Washington Betrayed America, has gotten little to no attention in the general media. What a shame.
By Larry Doyle on Mar 9, 2009 in Bank Bailouts, Banking Institutions, Current Affairs, Economy, Global Finance, Infrastructure, International Monetary Fund, Sense on Cents (Larry Doyle blog), Tim Geithner, Wall Street | 18 Comments
One of the few countries in the world to escape the worst of this economic tsunami is Australia. I introduced you to former Australian Prime Minister and Treasurer Paul Keating on February 18th in my piece entitled A Fresh and Honest Perspective. Keating was brutally honest in the video clip (thank you SR for providing [...]
By Larry Doyle on Mar 3, 2009 in Banking Institutions, Commerce, Credit Card Companies, Credit Risk, Current Affairs, Economy, Employment, Equity Markets, European Union, Global Finance, Sense on Cents (Larry Doyle blog), Wall Street | 21 Comments
In very short order, I have gained a deep respect and regard for our Economic All-Star, John Mauldin. I have come to appreciate that Mauldin and I view the market through the same lens focused on the global economy. While many media outlets focus on the day to day, if not hour to hour trading [...]
By Larry Doyle on Mar 3, 2009 in Bank Bailouts, Commerce, Credit Risk, Current Affairs, Deficit, Economic Stimulus, Economy, Equity Markets, European Union, Foreign Affairs, Global Finance, Sense on Cents (Larry Doyle blog) | 16 Comments
The other day I highlighted the fact that 12 eastern European countries would solicit a bailout from the European Union over the weekend in Brussels. I defined this bloc of eastern European countries as currently the Weakest Link in the global economy. Well, if they were the weakest link then they just got weaker as [...]
By Larry Doyle on Mar 2, 2009 in American Consumers, Banking Institutions, Commerce, Current Affairs, Deficit, Economic Stimulus, Economy, Employment, Equity Markets, Fannie Mae, Freddie Mac, Global Finance, Housing & Housing Crisis, Sense on Cents (Larry Doyle blog), Unemployment, Wall Street | 12 Comments
Warren Buffett’s annual letter to shareholders is always a highly anticipated event by market participants. Given the fact that Berkshire is effectively a diversified holdings company, Buffett has a unique perspective into a wide array of businesses. He also has the wisdom of investing over many years and through many challenging markets. Well, if misery [...]
By Larry Doyle on Mar 1, 2009 in American Consumers, Bank Nationalization, Banking Institutions, Current Affairs, Economic Stimulus, Economy, Global Finance, NQR Live Chat, No Quarter Blog, NoQuarter Radio, World News | 17 Comments
Please join me this evening on No Quarter Radio from 8-9PM (ET) for LD’s Dollars and Sense. The developments in the markets, economy, global finance, Wall Street, and Washington are occurring at breakneck speed. I will try to slow things down a bit and provide a sense of perspective. What did we learn in the [...]
By Larry Doyle on Mar 1, 2009 in American Consumers, Banking Institutions, Barack Obama, Commerce, Congress (House & Senate), Current Affairs, Deficit, Democratic Party, Economic Stimulus, Economy, Employment, Equity Markets, Global Finance, Hedge Funds, Home Loan, Housing & Housing Crisis, Mortgage Crisis, Mortgages, Obama Administration, Real Estate, Republicans, Sense on Cents (Larry Doyle blog), Stimulus Plan, Unemployment, Wall Street | 13 Comments
Prior to going to the comments section of my son’s report card, human nature dictates that I first look at the grades. In that same vein, let’s see how the markets performed for the month of February: Let’s review my specific projections from the January 2009 Recap: