Monthly Archives: June 2013

Fed’s mother of all asset bubbles: billowing now in markets near you

Bloomberg’s Scarlet Fu displays the gap between GDP and the Fed fund rate that suggests a coming bubble. Here is a direct video link.

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Fed’s Lacker on why its time to taper

Bloomberg chief Washington correspondent Peter Cook recaps his interview with Federal Reserve Bank of Richmond President Jeff Lacker on tapering of the Bank’s bond-buying program and the recent flood of comments from bank presidents.Here is a direct video link. I … Continue reading

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The art of conversation

I have often thought that we individuals experience life as attendees at a concert where each of us can only truly see the view from our own sight-line or those we have had in the past. Since it is impossible … Continue reading

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