Posts filed under “Video”

Picking Apart the Plan

If you missed my boy Chris Whalen of Institutional Risk Analytics on SquawkBox, you missed some seriously straight talk:

Chris_whalen

>

Analysis
on the $700B bailout, with Chris Whalen, Institutional Risk Analytics and CNBC’s
Steve Liesman

See also: Chris Whalen of the The Institutional Risk Analyst:
http://us1.institutionalriskanalytics.com/pub/IRAstory.asp?tag=311

Good stuff . . .

Category: Bailouts, Credit, Taxes and Policy, Video

Shiller on the Bailout

Professor and "Irrational Exuberance" author nevertheless says he’s a fan of Henry Paulson, just not of his proposal:

Category: Bailouts, Credit, Video

WSJ: Bailout Discussion

Here’s the video I did for the WSJ on Tuesday — it was the #2 video on the WSJ.com site yesterday:

“Barry Ritholtz, the writer behind the popular economics blog “The Big Picture,” discusses his soon-to-be-published book, “Bailout Nation.” He tells WSJ’s Christina Jeng the government might be too quick to come to the rescue and it might not even benefit the economy. (Sept. 23)

Category: Bailout Nation, Bailouts, Books, Video

Faber: Fed Acted Like a Liquidity Drug Dealer

Faber calls out the Fed for their responsibility in the current crisis:

click for video
Faber_drugs_2

Excerpt:

Liquidity will dry up even more, volatility will stay high and
financial assets are going to suffer as the crisis continues to unfold.
The bailout plan is unlikely to work and the global economy will take
the hit, he predicted.

“People rely on the people in Congress, at the Fed, at the Treasury,
people that brought us into this trouble, to take us out of trouble. I
don’t think they will succeed,” Faber said. “We can have recovery
rallies but a new high on the S&P is practically out of the
question for a very long time. In real terms, equities are still very
high and economically, I think the world will go into a slump.”

“Next year, if the economy in the U.S. is as weak as I think it
would be, the trade and the current account deficit will continue to
contract,” Faber said. “When global liquidity contracts, it’s not a
good time for financial assets.”

Other sources of funding, such as foreign reserves of resources-rich
countries, are also likely to dry up, Faber said. “I think sovereign
wealth funds are going to be very busy supporting their own markets,
they won’t have much money to buy assets around the world.”

The next emergency measure will be that Americans are not allowed to
buy foreign currency and transfer money overseas, and the next measure
will be not permitting Americans to buy gold and so on and so forth… It
creates even more uncertainty in the market place when you continually
change the rules.

>

Source:
Fed Acted Like a Liquidity Drug Dealer: Economist
CNBC.com | 23 Sep 2008 | 05:10 AM ET
http://www.cnbc.com//id/26848829

Category: Video

Jeff Saut: Odds Rising for U.S. Recession

Jeffrey Saut, chief investment strategist at Raymond James & Associates Inc., talks about the performance of equities and the impact of short covering on market activity, the outlook for a recession in 2009, and investment strategy.

click for video

Jeff_saut_blooom

Running time 03:50

00:00 Equity market: "lows are in for the year"
00:59 Outlook for recession in 2009; strategy
02:19 Performance of stock market, short coverings

 

>

Source:
Jeffrey Saut Sees Rising Odds for U.S. Recession in 2009: Video
Bloomberg, September 22, 2008 08:35 EDT
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aJy9LqqqD5qY

Category: Economy, Video

Economists Warn Market Close To Collapse

Very amusing:


Economists Warn Anti-Bush Merchandise Market Close To Collapse

Category: Video

Bill Moyers Speaks with NYT’ Gretchen Morgenson and Floyd Norris

Saving Capitalism from the Capitalists:

click for video
Moyers_gretchen_norris

Read More

Category: Credit, Derivatives, Video

Bill Moyers & Kevin Phillips on Bad Money

Bill Moyers sits down with former Nixon White House strategist and political and economic critic Kevin Phillips, whose latest book BAD MONEY: RECKLESS FINANCE, FAILED POLITICS, AND THE GLOBAL CRISIS OF AMERICAN CAPITALISM explores the role that the crumbling financial sector played in the now-fragile American economy.
>

click for video
Bill_moyers_kevin_phillips_on_bad_m

September 19, 2008

>

Read More

Category: Bailouts, Currency, Economy, Video

Krugman: “We Are Socializing American Finance”

Paul Krugman, an economics professor at Princeton University, talks about the U.S. government’s move to cleanse banks of troubled assets and halt an exodus of investors from money markets and the outlook for the U.S. financial-services industry and economy


click for video
Krugman_bloomberg

00:00 "Socialization" of U.S. financial system
01:51 Bailout’s justification; "inevitable" rescue
04:13 The outlook for U.S. banks is "not clear."
05:02 "Weakening" economy into next year
Running time 05:57

Source:
Krugman Sees `Socialization’ of U.S. Financial System: Video
Bloomberg, September 19, 2008 17:53 EDT
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aBeeO5ZX3T_w

Category: Bailouts, Taxes and Policy, Video

AIG, This Week’s Technical Call

Technicals, AIG, Markets, Tuesday at Yahoo Tech Ticker

Category: Markets, Technical Analysis, Trading, Video