Federal Reserve Bank of Dallas President Richard Fisher talks about monetary policy and the impact of the Dodd-Frank financial-regulatory overhaul on the banking industry. Here is a direct link.
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The Kobeissi Letter @KobeissiLetterBREAKING: US margin debt jumped by +$112 billion in May, to a record $1.42 trillion.
This marks the 2nd consecutive monthly increase, totaling +$195 billion.
Margin debt has surged +$495 billion, or +54%, over the last 12 months.
Adjusted for inflation, this metric rose +7.9%_________________________
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Patronizing spew from one of the enablers. Gimme a break…”i’m just one voice” ….translation…. hey i’m just one of the good ole boys out to patronize the masses…..Jamie and Lloyd are good guys….my kids are pals with their kids….we are really all just one big happy family here in the Plutocracy. Now that we have recapitaized all the criminals with taxpayers money we can do the circuit and fool the masses again ….and again….rinse and repeat.
The masses elect puppets who are bought by the Plutocracy and they call it Democracy.