Doug Noland
Doug Noland Articles
It was a tumultuous week in the financial markets. With credit spreads again widening sharply, all indications continue to point toward a serious financial system dislocation. Currency markets were also unsettled, with a major surge in the...
It was, unfortunately, another historic week for the greatest speculative bubble ever. Leading the charge, the Philadelphia semiconductor and AMEX Biotech indices surged 17% and 14%, increasing year-to-date gains to a stunning 72% and 94...
It was a particularly unsettled and ominous week for the financial markets. Ironically, the extraordinary period of wild speculation runs unchecked with the semiconductors jumping 5% and the AMEX Biotechnology index rising 8%, increasing...
It was a bearish week on Wall Street as dislocations developed in the credit market and the stock market faltered. For the week, the Dow and S&P500 dropped 3%. The economically sensitive issues traded poorly with the Morgan Stanley...
