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Monthly Archives: November 2010
Note to Fed: you are stimulating the wrong things
This chart of our jobless recovery to date speaks volumes:
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Fed's reckless insanity will end in more capital destruction
No thinking person can feel good about the insane surge in asset prices over the past two months. Actually it is horrifying. The US Federal Reserve is flooding capital around world markets with a fire hose. And the content of … Continue reading
Stocks and commodities up– world economy losing momentum
Today we are living in the moment with stock and commodities roaring ahead on promise of more government stimulus and rumours that the battered democrats may now agree to extending the Bush tax cuts (set to expire this January) for … Continue reading
