Tag Archive for Zero Interest

Mutual fund outflows are another example of the costs of ZIRP – Bernankecide

This is a short excerpt from this week’s Professional Edition Fed Report to be posted Tuesday. The ICI reports mutual fund inflows weekly with a one week lag. Domestic equity mutual funds had $8.7 billion of net outflows in the week ended 4/18/12, after net outflows of $1.5 billion the week before. Based on the…

David Stockman’s Takedown of Private Equity

David Stockman gave his insights on Mitt, Newt, crony capitalism, and the private equity controversy this week on Dylan Ratigan’s MSNBC show. He laid the blame for the current mess not just on cronyism and corruption, but particularly on the zero interest rate policy of the Fed. No one tells this story better or more…