Hopeful Recovery – The Wall Street Examiner

Obie’s Slope of Hope – Professional Edition

Lee Adler Latest Business Headlines January 8, 2009 0 Comments

The market staged a hopeful recovery on Thursday after a weak performance for most of the day. The technical signals were little changed… Click here…

Liquidity Matters, The Fed’s BS Doesn’t

Janet Yellen has now confirmed that the Treasury will run out of money in October, as we already knew from our tracking of the data. Congress will be forced to raise the debt ceiling. Treasury supply will mushroom at the same time as the Fed begins to cut its market support operations. The RRP slush fund will affect the timing of the coming disaster. But we know its coming and we have a good idea of when.

Meanwhile the BLS has fomented a completely false picture of inflation. I explain that in this report. It’s blatant.

Tag: Hopeful Recovery

Obie’s Slope of Hope – Professional Edition