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Daily Archives: May 22, 2012
Farage: “break up the Euro and restore human dignity”
More on the real life harm stemming from the insistence to maintain the status quo ideology of a common currency in the Eurozone. I think the most helpful perspective on present conditions is not to think that the economy will … Continue reading
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A warning for stocks?
Forget Facebook. Michael A. Gayed, chief investment strategist at Pension Partners LLC, talks about an alarming spread between junk bond prices (falling) and long treasury prices (rising). This spread typically leads equity markets and has previously served as a warning … Continue reading
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Making the case (again) for the Volcker Rule
Sen. Jeff Merkley, (D-OR), provides a preview of today’s hearing in Congress and discusses JPMorgan’s $2 billion trading blunder, and why he thinks banks used for loans should not be in the hedge fund business. Here is the direct link.
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