Ironically the falling dollar is hurting my export dependent business. The cost of materials is rising so fast that it kills much of the benefit of increased sales. I import some goods and those suppliers don’t want to be paid in USD anymore until it s…
After taking 3 of 4 days off between March 10 and March 15 the Fed resumed daily pumping last week, and is scheduled to continue…
Maybe this time ISN’T different…..
Humans, for whatever reason, tend to project the past into the future. It is an emotional flaw in our genetic makeup. It is also the reason why so many otherwise intelligent people miss the big turning points …
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Excerpts:
• Mortgage Debt. Nearly two in three people age 55 to 64 had a mortgage in 2007, with a median debt of $85,000.
• Social Security. Nearly 3 out of 4 people file to claim Social Security benefits as soon as they’re eligible at age …
The Treasury market got most of the benefit of the Fed buying over $6 billion in Treasuries in direct purchases from Primary Dealers. Meanwhile the…
It’s been my position that Treasury supply pressure would show up this week, but I couldn’t say whether it would hit stocks or bonds. I…
The dollar strengthened dramatically in an apparent short squeeze that triggered liquidation across most asset types. The dollar has emerged strongly from a formidable bottom…
by Jimi (Stool Pigeons Wire) To my read, they’ve done nothing to answer the age-old question of price. Here they claim: Private Sector Price Discovery:…
