Some Friday reading (and viewing) for ya.
1. Obama challenges financial industry to join regulatory overhaul - Bloomberg.
2. Marc Faber says China exhibits 'Danger Signals', symptoms of bubble building (w/ video) - Bloomberg.
3. Jeremy Grantham on bubbles - FT.com.
4. Renegonomics: are deadbeat borrowers fueling consumption? - Laurence Hunt's Blog.
5. Rail traffic recovery continues - PragCap.
6. John Paulson turns bullish on housing, economy - MarketWatch.
7. View From the Top: Mohamed El-Erian talks to FT about economic recovery, the US dollar, and the state of financial markets - FT.com
Thanks for checking in at Finance Trends; you can keep up with our posts and musings via RSS and Twitter. Have a great weekend, and be excellent to each other.
Friday, April 23, 2010
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2 comments:
Thanks for the link here, David. I have also commented (mostly outside my area of expertise) on the staged Goldman spectacle. You have covered that topic well, and appropriately. Sounds like Peter Schiff's take covers my own view, as the points you summarized come very close to my analysis of the subject. It's striking how democracies under pressure so comfortably take on the tactics of police states!
My pleasure, Laurence. Thanks for the comment and your post!
I will address the other points in the Goldman post comments (I fear you may be onto something here).
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