ECRI Says, Premature to Predict a New Recession
by: Kirk Lindstrom September 24, 2010
WLI Down but WLI Growth Rate Up
The Economic Cycle Research Institute (ECRI), a New York-based independent forecasting group, released their latest readings for …
September 26, 2010
Raters Ignored Proof of Unsafe Loans, Panel Is Told
By GRETCHEN MORGENSON
As the mortgage market grew frothy in 2006 — leading to a housing bubble that nearly brought down the banking system two years later — ratings agencies ch…
Science? Who needs it………..
http://www.nytimes.com/2010/09/26/opinion/26dowd.html?ref=general&src=me&
pagewanted=print
The market has broken through several important resistance levels and faces several others immediately on Monday. Click here to download complete report in pdf format (Professional Edition Subscribers). Try the Professional Edition risk free for thirty…
http://www.fnarena.com/index4.cfm?type=dsp_newsitem&n=4709724E-D911-
CDAD-ACD273638C8BBDDF
Last week, Grand Private Equity’s Wesley Legrand, sent the report below to his clientele. FNArena received permission to share it with readers and subscribers.
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At the current juncture we appear to be heading for a farcical repeat of history as investors out there are being distracted away from thinking about the following two major (secular even) themes that are likely to dominate the investment landscape for…
From
http://www.fnarena.com/index4.cfm?type=dsp_newsitem&n=464E57DE-0124-B9DD-41DF98086E1A0EA6
Wall Street is becoming more and more ridiculous by the day. One might call it a bit chicken and egg, on the basis that because there are no real investo…
In particular, many on this board find the fiat money system of modern finance an anathema to sustainable and healthy generation of wealth. Does the above adage (from 1 Timothy 6:10) relate to this dastardly global circumstance, in your opinion?
I, f…
Sunday, September 26, 2010
Bernanke and QE2
by CalculatedRisk on 9/26/2010 06:15:00 PM
On August 27th, Fed Chairman Bernanke gave a speech at the Jackson Hole symposium that might be worth reviewing. Note: I posted an analysis of the speech in August…
The Fed went crazy buying Treasuries last week adding $11 billion to its portfolio as it attempted to catch up with the MBS paydowns that were shrinking its balance sheet and extinguishing cash in the financial system. That buying was complemented by a…
