The View from Britain: QE’s Downside is Zombie Companies
Good question: Is QE dangerous? Martin Wolfe says no, not at least in terms of opening the door to hyperinflation.
Archive for: The Federal Reserve
What Fed Chief Bernanke Didn’t Say
Yesterday gold plunged more than $100, its biggest one-day percentage drop in more than three years. What happened?
Bernanke was giving testimony to Congress. On the one hand our head economist wasn’t very impressed with the economy. But on the other hand he gave no hint or no mention of a possible QE3 brewing in the future.
Has the Fed Already Planted the Seeds of Our Next Financial Crisis?
IPOs, the S&P 500, Treasuries, and tech stocks…what do they all have in common? They’re all enjoying a strong upswing. It’s almost too good to be true. Well, maybe it is too good to be true.
Why Can’t D.C. Keep it Simple?
You’ve probably heard the expression “When a butterfly flaps its wings, it can cause a hurricane to form halfway around the world.” That simple little saying suggests just how unpredictably complex a system can be. But it’s not just our weather that can be described as complex. Virtually every system in the world can be described in the same way.
Three Things I Know About 2012
Trying to predict the future can be an exercise in futility. But as an investor and someone who looks at the markets constantly, forecasting is something we have to do. It’s the only thing that can prepare us for what might happen… and might not. So with that in mind, I’d like
US Debt? Naw! It’s the Global Financial Markets That Make Fed Chief Bernanke Nervous
Ben Bernanke and the Fed reported on the state of the economy Tuesday. Wasn’t much that was new or startling. And that was fully expected. The reason the market was down yesterday had more to do with Europe than the Fed’s report. But that doesn’t mean some changes can be teased out
Why did the Fed Bailout the Banks to the Tune of $7.77 Trillion?
We were already upset enough when Congress bailed out our banks to the tune of $700 billion worth of tax payer money. And we didn’t like the fact that the Fed allowed the banks to “fake” the value of their books. But this secret $13 billion bailout really takes us over the
The Fed Is Yelling “Fire!”
Has yelling “fire” in a crowded theater ever been a good thing? I never want to hear it. After all, that means that there is probably a blaze inside. People could lose their lives, the property owner could lose a lot of business, and if there isn’t a blaze the rush to
