The big question that has puzzled the investment community over the last few years has been “inflation, deflation, or both?” Those who make the case for inflation would point to the amount of fiat money printed over the last decade by central banks al

So says Jeremy Grantham, co-founder of Boston-based investment firm Grantham, Mayo and Van Otterloo, now known as GMO. Some call him the philosopher king of Wall Street because of his highly insightful views on markets and the economy, usually with a long

Shares in buy-to-let specialist Bradford & Bingley plunged Monday after it issued a profit warning and agreed to a massive US cash boost, sparking fresh credit-crunch nerves after the Northern Rock fiasco.

The case against the Bear Stearns executives who oversaw two giant, but ultimately doomed, hedge funds, spotlights one of the most vexing problems confronting Wall Street as the credit crisis plays out: how to value tricky investments linked to subprime m

So that’s it then? The global credit crisis is over? A recent Globe and Mail headline suggested as much. So too does the idea that the Bank of Canada is closing its emergency lending windows to banks.