It feels good but…
We can put into perspective the asset inflation we are seeing in many different asset classes that has been achieved in part due to a...
Dollar to be buried way before 2018
World’s major powers including China and Russia don’t want to ‘finance’ American military adventures anymore....
Australia says the emergency is over
“In late ’08 and early ’09, the cash rate was lowered quickly, to a very low level, in expectation of very weak...
What Does the Economy Have to Do with the Market?
“There’s a lot of risk going ahead of some big bumps. There’s a very big risk that markets have been irrationally exuberant.”...
Joseph Stiglitz Interview About Global Economy
~~~ click for Bloomberg video Source: Stiglitz Says Markets ‘Irrationally Exuberant’ About Recovery Francine Lacqua and Jeremy...
Goldman Sachs: The “Smart” Money?!
U.S. stocks rebounded today, aided by a rally in financials. Why was the group strong? Because a team of analysts at a well-known Wall...
Bloomberg: Release Fed Borrowers’ Names
I expect the Fed to lose their Appeal: “The Federal Reserve should be forced to identify companies that received loans from the...
What are banks doing?
The question of whether banks in the aggregate are lending or not gets partially answered every Friday when the Fed releases the assets...
ABC’s This Week: Former Chairman of the Federal Reserve...
click for video > Source: “This Week” Transcript Former Chairman of the Federal Reserve Alan Greenspan ABC, October 5,...
Monday Afternoon Reading
A rather interesting and eclectic set of readings: • Inside the Crisis:Larry Summers and the White House economic team (New Yorker) •...