Mark Herrmann's Blog

“Some will suggest that I am leaving under pressure or...

Oct 1st

“The [Japanese] central bank‟s implementation of quantitative...”
—  Richard Koo, „The Holy Grail...

Oct 1st

What, You Think The Savings Rate Can’t Go Higher?

Oct 1st

“Sure, it may be great for us, but its Hell on the markets...

Oct 1st

“They’ve been caught with their nuclear pants down.” ...

Oct 1st

Michael Yon: The Greatest Afghan War

The Greatest Afghanistan War has deteriorated so noticeably that one can now feel the enemy’s...

Oct 1st

The Yamal implosion

There is a great deal of excitement among climate sceptics over Steve McIntyre’s recent...

Sep 30th

“The financial crisis taught crucial lessons about the...”
— Andy Xie Why One Bubble Burst...

Sep 30th

“Primed For Upside. I Would Buy”
—  Jim “Monkey boy”...

Sep 30th

After some pathetic signs of life this summer, Joshua...

Sep 30th

nevver: Print

Sep 30th

We Can’t Cut Spending Why? Because the votes...

Sep 29th

“The industry will argue for self-regulation, which bears the...”
— Satyajit Das

Sep 29th

Interview with Sadad al Husseini - “The Facts Are There”

Sep 29th

Rally in ‘toxic’ securities set to boost banks By Aline van...

Sep 29th

“The potential risk is that a lot of liquidity goes to the...”
— Bank of China Vice President...

Sep 29th

Sep 29th

Ten Odd Economic Indicators

Sep 26th

This week's butcher's bill...

From the FDIC: First Citizens Bank and Trust Company, Incorporated, Columbia, South Carolina,...

Sep 26th

Bailout Tab so far...

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Sep 26th

Had some computer trouble…

Sep 26th

The Sun Gets Its Spots Back

Sep 25th

Sep 23rd

Sep 23rd

One of my Fab 5 Fav Analysts...Josh Rosner

Sep 23rd

The Shadow knows...

From Ruth Simon and James Hagerty at the WSJ: Delayed Foreclosures Stalk Market … Legal...

Sep 23rd

A New Bubble Of the Fed’s Creation Washington...

Sep 23rd

Sep 23rd

50 things that are being killed by the...

Sep 22nd

The Pinocchio Recovery

Sep 22nd

Sep 22nd

What did Hank know and when did he know it?

Sep 22nd

Sep 22nd

Amazon: The Digital Wal-Mart of the Web?

It helps when you skirt sales tax laws… NY TIMES — Fifteen years after Jeffrey P. Bezos...

Sep 22nd

D'oh! Scientists pull an about face on global...

Sep 22nd

Sep 22nd

nevver: Happy First Day of Fall

Sep 22nd

Sep 21st

Sep 21st

“As if they really knew, leading economists predict that...”
— James Grant argues the latest...

Sep 21st

DONE AND UNDONE: In 1933, left, Franklin Roosevelt signed...

Sep 21st

Beyond the Bailout State

Sep 21st

California’s unemployment rate hits 12.2% in August ...

Sep 20th

“Betrayal! The U.S. sold us to Russia and stabbed us in the...”
— Polish tabloid Fakt, on the...

Sep 18th

"Option ARMs are about to explode"

From Reuters: “Option” mortgages to explode, officials warn “Payment option ARMs...

Sep 18th

Bubblevision (aka CNBC) continues to hemorrhage brain dead...

Sep 18th

This is a good trend...Let's hope it...

As Riches Fade, So Does Finance’s Allure WSJ 09/18/2009 04:46 AM

Sep 18th

How Serial War Became the American Way of...

Sep 18th

China’s coming magnificent bubble –James Saft, Reuters...

Sep 17th

“[The problems are] all still here. Today we still have the...”
— Nassim Taleb in the Toronto...

Sep 17th

“[The Fed] is the story of the millennium. There are very few...”
— Congressman Alan Grayson

Sep 16th

Sep 16th

Why capitalism fails

Sep 16th

The astonishing twisters captured by storm-chasing...

Sep 15th

The coming trade wars. Back to the 30s…

Sep 15th

The Deal of the Century

Sep 14th

From Der Spiegel: New York faces dramatic consequences...

Sep 14th

“Revealed: The Ghost Fleet of the...

Sep 14th

Same Old Hope: This Bubble Is Different

Sep 14th

“The problems are worse than they were in 2007 before the...”
— Joseph Stiglitz, Nobel...

Sep 13th

If you believe the Keynesian argument for stimulus, you...

Sep 13th

“We have tried spending money,” Morgenthau wrote in his...”
— FDR’s Treasury Secretary...

Sep 13th

Scientists discover surprise in Earth’s upper...

Sep 13th

By Ambrose Evans-Pritchard: Lehman is a footnote in the...

Sep 13th

Another good article from NYTimes: But Who Is Watching...

Sep 13th

From NYTimes: Wall Street’s Math Wizards Forgot a Few...

Sep 13th

Patrick Buchanan: 'Is America coming...

Never been a big fan of Patrick Buchanan but this is worth the read. Flying home from London,...

Sep 13th

The cover of Newsweek: IS YOUR BABY RACIST? This is...

Sep 12th

Creepy...

Dow Jones close 10-sep-2001: 9605.41 Dow Jones close 11-sep-2009: 9605.41

Sep 12th

“Behind every great fortune lies a great crime.”
— Balzac

Sep 12th

Sep 12th

It was chilly out there this Summer...

Summer Temperature Below Average for U.S. September 10, 2009 The average June-August 2009 summer...

Sep 12th

I know I know nothing; but at least I know...

Sep 12th

This week's butcher's bill...

Three more for the heap… From the FDIC: Corus Bank, National Association, Chicago,...

Sep 12th

Sep 12th

Fed's Fake Recovery

by Bill Bonner London, England The press attributed this week’s rise in gold to benign...

Sep 11th

Something we should never, never forget…

Sep 11th

The birth of a doomsday machine

Sep 10th

Since 1970, inflation adjusted public school spending has...

Sep 10th

Sep 10th

“The myth is that the regulators failed to focus on the...”
— Arnold Kling’s article...

Sep 10th

Twilight of the Gods...

om Eric Dash at the NY Times: In Florida, Vestiges of the Boom On the corner of Flamingo Road and...

Sep 10th

Did FDR or WWII end the Great Depression?

Sep 10th

Sep 10th

“It’s like the operation of a very high-end restaurant...”
— —U.S. Undersecretary of...

Sep 9th

The consumer credit implosion continues...

Sep 9th

Possible October surprises

by Martin Hutchinson Economists’ crystal balls are clouded right now. They see signs of a...

Sep 9th

From NY Times: As an Exotic Mortgage Resets, Payments...

Sep 9th

The Next Financial Crisis: It's coming--and...

Sep 8th

Link-a-palooza

Gold rises above $1,000 an ounce FT 09/08/2009 04:57 AM Stocks Rise for Fourth Day as Gold...

Sep 8th

Oil Spin: Ignore the optimists. Peak oil is...

Sep 8th

This week's butcher's bill...

From the FDIC: Great American Bank, De Soto, Kansas, Assumes All of the Deposits of First Bank of...

Sep 7th

Link-a-palooza

UN Says New Currency Is Needed to Fix Broken ‘Confidence Game’ Bloomberg 09/07/2009 02:49...

Sep 7th

Fixers Aim to Fix Fixes With Another...

by Bill Bonner Baltimore, Maryland From California comes word that the summer program of...

Sep 4th

Link-a-palooza

Loan Losses Spark Concern Over FHA WSJ 09/04/2009 05:16 AM Judges’ Frustration Grows With...

Sep 4th

Cool pic of the LA Fires

Sep 4th

Solar cycle 24 remains missing in...

Are Sunspots Disappearing? The sun is in the pits of the deepest solar minimum in nearly a...

Sep 4th

Expensive Powerball tickets anyone?

“Investors Find Love in $260 Billion Black Hole,” Some things I’ll never understand. ...

Sep 4th

Sep 4th

Is the Obama administration playing politics with Swine Flu?

Sep 3rd

Watch

Congressman Stark (D - CA): “The more debt we owe, the wealthier we are”

Sep 3rd

Sugar High or Acid Trip?

Sep 3rd

Link-a-palooza

US regulators try to avert turf wars FT 09/03/2009 04:16 AM Cerberus to bar withdrawals...

Sep 3rd

New sunspot (1025) has faded away and solar activity will...

Sep 3rd

“The troops up at Kajaki Dam are surrounded by the enemy,...”
— Michael Yon

Sep 3rd

How large will the bill be?

“The Coming Deposit Insurance Bailout,” the Wall Street Journal highlights another area...

Sep 3rd

The Butcher's Bill is going to be very...

From CNBC: 500 More Banks to Fail By End of 2010: Wilbur Ross “I’m not surprised that the [FDIC’s]...

Sep 3rd

Are conservatives turning on the War in Afghanistan? Time...

Sep 2nd

Watch

Sep 2nd

Bailout Propaganda Begins by Matt Taibbi

Nearly a year after the federal rescue of the nation’s biggest banks, taxpayers have begun seeing...

Sep 2nd

Sep 2nd

Link-a-palooza

Investors fret 2009 stocks rally is over Reuters 09/02/2009 04:05 AM FHA on track for...

Sep 2nd

Sep 2nd

nevver: L.A. Now

Sep 2nd

According to these guys, the future is...

“The Spend-And-Borrow Economy“, Nouriel Roubini, Forbes, 27 August 2009 “An Uncomfortable Choice“,...

Sep 1st

Link-a-palooza

China targets some, not all, derivative deals: source Reuters 09/01/2009 04:56 AM Bigger...

Sep 1st

A Tale of Two Data Sets: John Hussman

Sep 1st

Back to school…Whohoo.

Sep 1st

Playboy, TV Guide sales heading...

Purchases of magazines at newsstands drop 12% —Associated Press

Sep 1st