Follow
____________________________
Monthly Archives: June 2013
Credit crunch in China prompting dash for cash in global markets
China’s banks shouldn’t breathe sigh of relief. Here is a direct video link.
Posted in Main Page
Comments Off on Credit crunch in China prompting dash for cash in global markets
Shiller: a rare, honest economist, admits what most financial types never will
I disagree with his praise for Bernanke as a savior, as it ignores the reality that Bernanke was a member of the Greenspan-led Fed that helped inflate the very stock and housing market bubbles that he then had to “rescue” … Continue reading
Posted in Main Page
Comments Off on Shiller: a rare, honest economist, admits what most financial types never will
Q1 US GDP revised below 2% and HFTers go wild
US Q1 GDP came in revised to 1.8% from previous dreams estimates of 2.4%. Stock algos are so far roaring out of the gate on the excited expectation that weakening growth and plunging capex and personal consumption expenditures will prompt … Continue reading
Posted in Main Page
Comments Off on Q1 US GDP revised below 2% and HFTers go wild
;
