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Monthly Archives: April 2014
Stockman: “Fed is hopelessly lost”
David Stockman, former director of the Office of Management and Budget, explains why he is not holding out high hopes for Central Bank brilliance. Here is a direct video link.
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Headlines chum in HFT infested waters
Today the US Fed starts yet another round of deluded meetings to much media circus. Deluded because they have exhausted their experimental arsenal of monetary policy long ago, and yet they still talk as if they are command control on … Continue reading
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Ex-BLS head: “I see speculative bubbles like 2007”
William R. White, the former chief economist of the Bank for International Settlements, warns of grave adverse effects of the ultra loose monetary policy. The former chief economist of the Bank for International Settlements is highly skeptical of the ultra … Continue reading
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