Bernanke, “We Got out Alive”
That in essence is what Ben said about how the Fed handled the 2007 to 2009 economic crash. In a short term thinking world he might be right, but I would venture that the big picture is still out of…Continue Reading →
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High Risk Levels
Last Thursday, a Level 1 techncial sell signal was triggered. This year all the Level 1 sell signals have been managed away by the FED and it may happen again this week. The Taper discussion really is not the issue for…Continue Reading →
Everyone Knows the Secret
(Reuters) – The message is sinking in – economies of the rich world face super-easy money far into the future and central banks are now convinced it’s the least of all policy evils. Despite rumblings of dissent about the financial…Continue Reading →
Best of the WEB
Reuters new web product, Counterparties, may be the best news source on econmics and markets. http://counterparties.com/ My pick of todays posts at counterparties is: http://www.newyorker.com/online/blogs/johncassidy/2013/11/inequality-and-growth-what-do-we-know.html
Flying Blind
With the Fed being the story, an unchanging story, on what are market participants going to base their get-out of stocks signals? This is going to get more interesting.
Subscription for Managed Service
Over the past year we have mentioned a plan to offer some type of subscription service for our programs. Yesterday this goal was enabled as one of our technical trading programs was offered by Striker Securities. This program is what…Continue Reading →
And What if Things Don’t Work Out ?
The approach of trying to cure an easy money induced program with more easy money will by definition end badly. In the mean time we all have a front row seat as this plays out. Below is an outstanding overview…Continue Reading →
It Doesn’t Matter What She Says Today
Why do we even watch the charade today? We all know Janet Yellen is going to try and follow the Bernanke program after she is confirmed. But it really doesn’t matter, the interest rate and currency markets, free markets no less,…Continue Reading →
Finally
Finally an apology and explanation from a former FED official. Opening paragraph of the WSJ article here: Andrew Huszar Nov. 11, 2013 7:00 p.m. ET I can only say: I’m sorry, America. As a former Federal Reserve official, I was responsible…Continue Reading →
Perfect Storm Environment
Over the almost six years since we started this blog and website we have watched our reader statististics, ie the number of blog views versus a 100 day average. Like all things they go up and down and actually do…Continue Reading →