The 2008 transcripts were released in late-February. Most media operations published stories about the Fed’s absent-minded professors who missed the importance of failing financial institutions during 2008. This was not news.
Yesterday both the preferred count and alternate counts anticipated a rally, which the market provided. It ended up closing dead center in the target zone for the alternate count, which kept it from being eliminated. The pref…
This weekend, I was studying some data from the Yale School of Management which I found intriguing. I can’t post their charts in this article, because I didn’t receive written approval in time for publication, but I will link to their site in a m…
I wrote about Kashya Hildebrand’s inappropriate FX trades the other day. The story has some new legs today (Bloomberg). The wife of the president of the Swiss National Bank (SNB) has done the one thing she never should have. She talked. Any chance t…
The following is an excerpt from the Wall Street Examiner Professional Edition Long Term Outlook Update. The link for subscriber access to the full report…
Aug 12, 2011
2008 is here again
By Scott B MacDonald
NEW YORK – No one can blame investors for feeling like 2008 is back. After all, there has been a return to acute market volatility, financial and industrial stocks have been beaten up, and the VI…
Trend forecaster Gerald Celente gives a preview of his Summer Trends Journal in an interview with King World News. Celente says riots from Iran to Spain are the beginning of another world war, precipitated by food prices, unemployment and inequality. …
May 19, 2011
The two charts below offer clues for evaluating the risk of profit margin squeeze in the current economy. One is the ratio of crude to finished goods in the Producer Price Index (data through April). The other is an indicator constructe…
AP link
It’s OK, though, we have “hard evidence”, according to Roche that MMT is working. Fearing inflation is so old school – live for the moment!
Excerpt:
Clothing prices have dropped for a decade as tame inflation and cheap overseas labor helped…
Fed intervention has broken very long term cycle norms, but the market continues to follow the 1968-1972 template. This report examines where we are versus…