Tag Archive for Conomy

The Fed’s Con Appears To Be Working But The Curtain Is Rising On The Third Act

In today’s conomic news, the mainstream media focused on the disappointment surrounding the FOMC Minutes, the massaged and sanitized fairy tale about what the participants said at last month’s FOMC confab. The market was shocked! SHOCKED! that most of the members saw no need for additional QE, unless things got worse. I had concluded that…

We Don’t Have Wealth Creation

This post was written by Lugnut at Capitalstool.com. I think we just have a liquidation cycle gathering because Uncle Fed didn’t come through with more $ from the pump. So you get commodity liquidations because hedgies were working a self fulfilling inflation play. Then you get equity liquidation pressure from a recession and baby boomer…