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Daily Archives: January 13, 2012
Distinguishing productive capitalism and markets from the parasitic
Good discussion here on the distinction between capitalism and markets which are supportive of growth in the overall economy and those which are parasitical and damaging to economic strength. Here is the direct link. Visit msnbc.com for breaking”>http://www.msnbc.msn.com”>breaking news, world … Continue reading
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Capital choosing liquidity
The US dollar index is breaking out through the next target of resistance this morning with the greenback advancing against every major currency including gold and silver. Source: Cory Venable, CMT, Venable Park Investment Counsel Inc. As nervous capital continues … Continue reading
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Bankers: perfectly hopeless at seeing reality
Yesterday the Federal Reserve released transcripts of its meetings in 2006, offering a new window into what was on the minds of some of the nation’s top economic and financial thinkers just ahead of the financial crisis and subsequent great … Continue reading
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