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Great Post Mocking Bernanke
I love to see satirical condemnations like this, especially when the focus of the mockery is the Federal Reserve and its chief, Ben Bernanke. I don’t know much about this site or its author, but the...
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Ex-Senator Shows Ignorance of Markets and Reality
Yahoo Finance featured ex-Senator Dorgan where the topic was energy. While I admit Senator Dorgan is correct in that we need to think outside the box to increase the clean energy we produce, he is way...
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The Reason For the Current Market Volatility and A Better Place To Park Your...
In this month’s client newsletter, I take a look at why the market always seems to tank in the summer after a strong fall/winter. I think it is by design of the Federal Reserve. Fed Chairman Ben...
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Bernanke Two Step Webinar tomorrow
Just a reminder that my webinar, the “Bernanke Two-Step” will be tomorrow at 1pm EDT. This will be particularly timely as the Fed will be announcing its meeting notes about the same time as the webinar...
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Inside Job – the collapse of 2008
Just wanted to send a link to the full video of Inside Job, a movie describing the collapse of 2008 and how the bankers hijacked the economy. Enjoy, but watch it with a glass of wine or valium....
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Matt Taibbi on LIBOR Scandal
This is a great video featuring Matt Taibbi of Rolling Stone regarding the LIBOR scandal. This is a big deal. It is fraud – plain and simple. In order for a free market to work, information must be...
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QE III Being Priced into Markets Past Two Days
It looks as if the markets are expecting the next round of Quantitative Easing (QE) from the Federal Reserve at its early August meeting. I thought they wouldn’t be able to start another QE until...
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Place Your Bets – Fed Meets Today
Step right up, step right up, and place your bets. This is what the financial markets have become. Don’t worry about economic or profit numbers. Just guess what 13 bankers behind closed doors decide to...
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Kyle Bass Interview on CNBC
If you scroll through previous posts, you will I am a big fan of hedge fund manager, Kyle Bass. In fact, once I even called him a man crush. The reason is he is able to take the 30,000 foot view. He...
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So God Made a Banker
Here is a blog post making its way around the blogosphere by Brett Arends. It is a play on the Ram Truck commercial where Paul Harvey praised the American Farmer. Certainly, this is worth a read. To be...
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