Search completed
The protests and social unrest in Egypt have provided an additional tailwind to crude prices over the past week (and we should note that crude had already rallied to two-year highs before the demonstrations began). Even before the hysterics began in Egypt, the trend in oil was UP. (Source: StockCharts.com) Walk (and Protest) Like an Egyptian […]
First, we turn to Peter Schiff, who tells Yahoo Tech Ticker that he expects China will need to unpeg its currency in order to fight inflation. Raising rates alone won’t do it, he says, because they’ll still be importing too many of our quantitatively eased dollars. Source: Yahoo Finance – Tech Ticker, January 24, 2011. […]
You’ve got to see it to believe it – Bernanke cites rising stock prices as evidence that QE2 was a success! Thus confirming what us armchair observers had suspected – the Fed is dedicated to keeping the stock market propped up – dollar and inflation be damned. John Mauldin had a great take on this […]
Regular contributor Sy Harding takes a look at the measures the Fed and Federal Government have taken to avoid the second coming of the Great Depression – they’ve thrown everything at it, including the kitchen sink. And to give credit where credit is due, Bernanke & Co have (thus far, at least) been successful in […]
Nice job here by our friend and correspondent Terry Coxon, who breaks down the QE math that the Fed faces. Believe it or not, there’s no free lunch, not even for the Fed. TANSTAAFL! —- The Long Swim – How the Fed Could Become Insolvent By Terry Coxon, Editor, The Casey Report You’ve seen the […]
Just in case you were feeling chipper about the “economic recovery” being touted by the mainstream financial media, check out Porter Stansberry’s End of America video, where he makes a compelling case that inflation is already here, and hyperinflation, severe social unrest, and government imposed financial restrictions are just around the corner. He’s definitely a […]
Courtesy of our friend and frequent guest writer Sy Harding, here’s his 2011 economic and stock market outlook. Regular readers know that Sy usually errs on the side of caution, so like me, you may be a bit surprised to see him casting his lot with the bullish forecast camp – though he does not […]
Overall credit, as measured by the quarterly Z1 report, turned up significantly in the 3rd quarter for the first time in a few quarters – does this mean the deflation threat passed? Fellow deflationist Vox Day is not impressed – he writes: So, while Z1 reports a quarterly increase of 0.43% in overall credit, the first […]
As most intelligent investors and business people can see, most of the recent stimulus and “quantitatively eased” funds are not really finding their way into the heart of the American economy. Ironically, much of this money is heading overseas, with China being as hot a destination as any. So, while boneheaded American politicians hem and […]
The Daily Show With Jon Stewart Mon – Thurs 11p / 10c The Big Bank Theory www.thedailyshow.com Daily Show Full Episodes Political Humor & Satire Blog</a> The Daily Show on Facebook
Recent Comments