Here’s a roundup of the latest in economic doom:
Nouriel Roubini, in the Globe and Mail, has a tale of two Americas – one headed for recovery, the other headed for a Depression.
Goldman Sachs says Roubini’s dollar carry-trade theory is flat out wrong.
Charles Hugh Smith wonders when markets will clue in to their apparent disconnect with the ‘real’ economy.
In this paper on SSRN, Ruben Cohen of Citi Financial explains the difference between GDP and equity indices.
Jeff Cox at CNBC highlights the heady debate between the Bulls and the Bears, with Nobel Prize winners on both sides.
Rolfe Winkler, of Reuters, highlights a recent report from Society General in France, claiming gold could go to $6,300.
Ambrose Evans-Pritchard has a few things to say about the SocGen report.
Meredith Whitney explains why she has suddenly turned bearish – it’s because of the disconnect between Wall St. and Main St.
