Author: Dian Chu

By Mike “Mish” Shedlock Greek prime minister George Papandreou pulled a second major surprise move in two days. Yesterday he rattled the markets with a bombshell voter referendum proposal on the EU bailout (see EU...

By EconMatters (A Seeking Alpha Exclusive) Valero Energy Corp. (VLO) shares dived almost 8% on the day to $24.60 after India’s Reliance Industries said it has no plans to buy Valero. Stock price of Valero had surged 22% in...

By Kurt Cobb (Guest Post) If you live in the United States and bother to turn on your television, it’s almost impossible to avoid ads telling you that natural gas from shale is both abundant and environmentally safe to...

By Bruce Krasting Possibly the most significant consequence of the EU bailouts last week will be that the “solutions” to the problems in Europe will result in a global credit crunch. To me this outcome is a foregone...

By Willem Weytjens Last week, the markets rallied sharply on news that banks were willing to take a 50% haircut on their Greek Bond holdings.It was a hell of a party, as many asset classes were joining “Oktoberfest”...

By George Friedman at Stratfor Global Intelligence (Guest Post) In a week when the European crisis continued building, the White House chose publicly to focus on announcements about the end of wars. The death of Moammar Gadhafi...

By Lance Roberts of Streettalk Live (via Doug Short) (Guest Post) Consumers Gone Wild! I have this image in my head of shoppers running about frantically over the last quarter shelling out dollars at everything that isn’t...

By Doug Short (Guest Post) I took a close look at the forecasts of the 50 economists who responded to the October Wall Street Journal survey. and their response to this WSJ survey question:Please estimate on a scale of 0 to 100...