Monthly Archives: August 2012

Investors continue to exit equities

One of these days we will have stock prices worth buying again. In the meantime this is a thinly participated market, with a handful of algo sharks churning away, chumming the waters for the desperate and unsuspecting. So long as … Continue reading

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QE3 stumbling block?

“As the chart below shows, the Federal Reserve has never initiated more accommodation when the TIPS inflation breakeven rate was above 2.0%. This level is important because the Federal Reserve adopted 2.0% as an inflation target last January. When expected … Continue reading

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Autumn dates to watch

Steen Jakobsen, chief economist at Saxo Bank, recaps why the autumn calendar is full of tail risks coming in and September is going to see a lot more speed and velocity. Here is a direct link.

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