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U.S. Stocks Retreat as Europe Concern Overshadows Upgrades

  • Bloomberg
  • 02/08/2010 03:04 PM
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quotable

"The fallout from the US subprime mortgage crisis has added further pressure to structured investment products, prompting ratings agencies to act on the deterioration in performance at a number of different vehicles. Standard & Poor’s issued a string of downgrades and negative watch notices on a number of SIV-lite programmes…"

Financial Times, August 23, 2007

Commentary

Credit Bubble Bulletin

by Doug Noland | Feb 5

The Beginning of the End?

Generally another tough week for global risk assets.

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The Bear's Lair

by Martin Hutchinson | Feb 8

The unequal credit crunch

When the banking system imploded in September 2008, commentators immediately feared that the result would be a credit crunch, leading to a major downturn in GDP and rise in unemployment.

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Featured Commentary

by Satyajit Das | Jan 19

The China Syndrome

In 1971, Ralph Lapp, a nuclear physicist, used the term "China syndrome" to describe a hypothetical nuclear reactor meltdown where the molten core breaches containment barriers and melts through the crust of the Earth reaching China.

Read more

Guest Commentary

by Tom Au | Jan 25

Google – the epitome of the American Way

Writers such as Shaun Rein, managing director of China Market Research Group, may have rightly characterized Google's pullback from China as an "act of war."

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