Follow
____________________________
Monthly Archives: August 2013
Financial advice no one can afford
As regulators slowly–excruciatingly slow thanks to the formidable lobby of the financial industry–clamp down on rampant conflicts in the financial advice sales business, bank/broker/dealer/fund cos are all threatening a similar refrain: “if you make us be transparent, honest, accountable fiduciaries … Continue reading
Posted in Main Page
Comments Off on Financial advice no one can afford
Insiders cashing out like bandits
Greater fools beware, initial public offerings are being sold to the public today at the highest pace since 2000. The IPO (initial public offering) market is scorching. It’s hotter than any year since 2000. But that offers yet another reason … Continue reading
Posted in Main Page
Comments Off on Insiders cashing out like bandits
New Fed report on QE finds miniscule economic benefit
A new study published by the San Fransisco Fed yesterday confirms what a few of us have seen all along: trillions of Fed bond purchases over the past 3 years have added maybe a miniscule .13 to annual GDP growth: … Continue reading
Posted in Main Page
Comments Off on New Fed report on QE finds miniscule economic benefit
