Monthly Archives: February 2013

Danielle’s weekly market update

Danielle was a guest today with Phil Mackesy on Talk Digital Network discussing recent trends in the world economy and markets. You can listen to an audio clip here.

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Central banks have never been able to prevent bear markets. Never.

“When there is a boom and everyone is scrambling for common stocks, take all your stocks and sell them. Put the proceeds in the bank [T-bills]. No doubt, the stocks you sold will go higher. Pay no attention to this—just … Continue reading

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Sequester cuts are just a first tiny step in a long, necessary, budget reform

If you listen to most economists, politicians, special interests groups and central bankers, it is never a good time to cut government spending; not even by a miniscule 2%. Representative Sean Duffy, a Republican from Wisconsin, confronts Federal Reserve Chairman … Continue reading

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A couple of afternoon smiles

I love finding old market cartoons. Years later, the insights remain timeless.

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Chanos and Roach debtate China’s growth prospects

Jim Chanos, founder and president at Kynikos Associates Ltd., and Stephen Roach, a senior lecturer at Yale University and former non-executive chairman for Morgan Stanley Asia, talk about China’s economy. Chanos also discusses U.S. tax policy, the European economy and … Continue reading

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Bernanke: “I was not giving financial advice”

Bernanke’s testimony to the House Finance Committee this morning is disturbing in so many ways. But only a few of the committee representatives are wise enough to ask the right questions. In an early part of the hearing Bernanke was … Continue reading

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