Investing and Trading News, with a Contrarian, Sarcastic Twist!
Quantitative Easing Ends (At Least For Now) April 1st marked the end of the Fed’s renowned money printing program, also known as “Quantitative Easing” for those who prefer to stick their heads in the sand and ignore what’s actually happening. From The Daily Reckoning: Under the (QE) program, the Federal Reserve graciously bought $1.25 trillion […]
Great piece by Clay Shirky entitled “The Collapse of Complex Business Models.” It’ll make you think, for sure, as Clay points out the mysterious tendency of complexity to simply collapse throughout human history – think Romans, Mayans, etc. Sometimes the more a society or sector advances, the stronger the pull back towards simplicity – with […]
Richard Russell thinks the bond market may be saying ENOUGH with the quantitative easing, reports The Daily Crux. From his Dow Theory Letters: The bond market is now very close to saying, “We’ve had enough.” … Many older subscribers probably remember my lifelong emphasis on the POWER of COMPOUNDING. But what of the power of […]
Forget too big to fail – how about too drunk to fail! Reason magazine reports that a NYC bar is turning to free market economics to guide it’s happy hours: What’s the value of a pint of beer? Let the market decide, says a new restaurant in Manhattan where prices for food and beverages will […]
Legendary investor John Templeton, who passed away in 2008, penned a final memorandum a few years before his passing entitled “Financial Chaos”, in which he predicted bad things ahead for us. A very sharp final call from a guy renowned for them throughout his career. Here are the prescient comments that Sir John left us […]
Is government a necessary evil, or is it completely unnecessary altogether? We’ve touched on this subject briefly before, when I shared my thoughts on The Market for Liberty, in which Linda & Morris Tannehill make the case not only for limited government, but for NO goverment at all! (Man I’d love to have been around […]
“No one owes you anything” – Harry Browne I’m going to venture that none of the diligent state employees in this Furlough Friday video are big fans of the great Harry Browne. Try to choke back your tears and laughter if you’re a productive member of society. Nevertheless, we should be on the lookout for […]
Now that gold is rangebound, how do you make money trading it? That’s easy – treat it like a wooden pony and straddle that thing. For the details on this trade, in more professional terms as well, check out Brad Zigler’s article for Hard Assets Investor: So what’s an investor to do? Well, you can […]
“I used to think if there was reincarnation, I wanted to come back as the president or the pope or a .400 baseball hitter. But now I want to come back as the bond market. You can intimidate everybody.“ – James Carville That’s one of my favorite financial quotes of all-time, courtesy of James Carville, […]
Checking in on Some Key Charts Major indices hit new recovery highs today, with the DOW hitting it’s highest mark in the last 18 months. Trading volume remains tepid, however – as you can see from this chart of the S&P 500, this recent rally appears to lack some conviction: Rallies have been occurring on […]
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