This post provides links to a number of interesting articles I have read over the past few days that you may also enjoy.

• Michael Kahn (Barron’s): Setting free the bears, November 2, 2009. The stock market’s astounding run from its March lows has finally run into a real ceiling. After outpacing most, if not all, post bear-market rallies over the past century the inevitable is finally here. But is it part of another correction or something more? The urgency of the sell-off suggests the latter. That said, I don’t see the danger of the market testing its March lows any time soon.

• Charles Githler (MoneyShow.com): Former bears’ take on the market’s future, October 18, 2009. Are we headed for a major correction, or even worse: a resumption of the bear market?What “the best” (former bears) are telling us now …

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This post provides links to a number of interesting articles I have read over the past few days that you may also enjoy.

• Joseph Stiglitz (The National Interest): Death cometh for the greenback, October 27, 2009. Whichever path we take, like it or not, we will be moving away from current arrangements, the dollar-reserve system. There are only two questions: will the movement away be orderly or disorderly, and will America play a part in shaping the new system that will emerge?

• Doug Kass (TheStreet.com): Earnings likely to trend lower, October 27, 2009. Underpromising and overdelivering is the oldest game in the investor relations handbook, as earnings expectations are often cagily crafted by corporate managements. In turn, many Wall Street analysts, emulating Ralph Wanger’s zebras, follow that company guidance in adopting a herd mentality that morphs into a Wall

This post provides links to a number of thought-provoking articles I have read over the past few days that you may also find of interest.

• Martin Wolf (Financial Times): The rumours of the dollar’s death are much exaggerated, October 13, 2009. Recent figures have proved that the dollar’s fall is a symptom of success, not of failure. All the same, the dollar-based global monetary system is defective. It would be good to start building alternative arrangements.

• E.S. Browning (The Wall Street Journal): Dow at 10000 as crisis ebbs, October 14, 2009. The Dow Jones Industrial Average surged to 10015.86, passing the symbolic 10000 level much faster than expected and racking up a 53% gain in just seven months. Wednesday’s trading marked the first time the Dow touched 10000 since October last year, when markets were unraveling after the collapse of Lehman Brothers

This post provides links to a number of interesting articles I have read over the past few days that you may also find enjoyable.

• Ambrose Evans-Pritchard (Telegraph): Our quarter-century penance is just starting, August 29, 2009 Never in modern times has there been such a flat contradiction between the euphoria of markets and the stern warnings of officialdom at central banks and financial watchdogs.

• Robert Shiller (The New York Times): An echo chamber of boom and bust, August 29, 2009. The global signs of a recovery in economic confidence seem puzzling. It is a large and diverse world, after all, so why should confidence have rebounded so quickly in so many places? Government stimulus and bailout packages have generally not been big enough to have such a profound effect.

• Phil Thornton (Times Online): Worst of slump yet