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5:00PM
DEC 10 2007

Buy cloudy, sell sunny

From Asia Times, Henry C K Liu on the pathology of debt (in 5 parts). Debt Be Not Proud: The subprime mess is just the beginning of the credit crunch. Something is rotten in the state of New York: Gotham's problems will soon be felt in the rest of the country. The gathering storm: As more and more knowledgeable observers forecast a possible recession next year, leaders in both parties may need to consider new regulatory measures to handle the mortgage crisis. Personal finance gets political: Self-help finance guru Suze Orman has had an epiphany — lending institutions could use some regulation.  A review of Jim Cramer's Stay Mad for Life. A review of The Second Bounce of the Ball: Turning Risk Into Opportunity by Ronald Cohen. Buy cloudy, sell sunny: Forget about buying low and selling high — if you are worried about the recent volatility in the stock market, perhaps you should let the weather be your guide.

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