Daily Archives: September 18, 2012

Fisher: Fed efforts are “necessary but not sufficient”

“Instead of hammering the Federal Reserve, point your finger at the Congress,” says Richard Fisher, Dallas Federal Reserve president, discussing his opposition of additional quantitative easing and what Congress should do to create jobs.” Here is a direct link.

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Oops, where are all the customers yachts?

Bloomberg’s Scarlet Fu looks at the lost decade of the middle class. Here is a direct link.

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Central banks down to their boxers

Lots of hype and hope on the prospects of QE-Ad infinitum perpetually ramping stocks. Yes, and one can never rule out the possibility of a tooth fairy either. For those that prefer evidence-based beliefs, I offer this one distinction between … Continue reading

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