Daily Archives: April 10, 2013

Fed out of tools and ideas to try and stimulate the economy

Former Dallas Fed VP Gerald O’Driscoll discusses Federal Reserve Chairman Ben Bernanke’s comments about monetary policy and the state of the U.S. banking system which remains dangerously pumped up on historically high leverage. Here is a direct link.

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Reality: negative earnings trends don’t support euphoric US stock prices

The gap between an extremely over-bought, over-valued US stock market and a continued negative trend in net earnings revisions for the underlying corporations is the source of large capital risk. When numbers don’t add up, they never will. Here is … Continue reading

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More funny numbers out of China

Last night brought more suspect economic numbers out of China. Commodities (including gold) are once more voting ‘foul’ selling off on the news. Here is a direct link.

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