Follow
____________________________
Daily Archives: January 7, 2015
Bonds and copper yawn at Fed’s latest growth optimism
This afternoon’s Fed minutes reflect the usual team of congenitally confused academics wandering around in circles of economic theory. Bottom line: they still think inflation and growth will pick up this year (as they have expected every single year) and … Continue reading
Posted in Main Page
Comments Off on Bonds and copper yawn at Fed’s latest growth optimism
Gig is up: Euro QE talk signals panic not strength
More of the bond buying ‘good money after bad’ that hasn’t worked in Japan and the US? Lowering interest rates to virtually nothing and super cheap loans for banks didn’t work, so ECB chief Mario Draghi has to do what … Continue reading
Posted in Main Page
Comments Off on Gig is up: Euro QE talk signals panic not strength
Financial industry continues to block meaningful reform
Joseph Stiglitz, the Nobel laureate economist who called for a tax on high-frequency trading, discusses how he was blocked from a regulatory reform panel by the financial lobby. Here is a direct video link.
Posted in Main Page
Comments Off on Financial industry continues to block meaningful reform
;
