Tag Archives: ben bernanke
Tend to Your Garden
Tomorrow’s the first day of May. You know what that means… If you follow the old adage, ‘sell in May and go away,’ you should sell your stocks. It may be hard to believe, but this is more than just … Continue reading
Open Season on Savers
Austrian economist Ludwig von Mises called it time preference. That is, the assumption that, all else being equal, people prefer attainment of a given end sooner rather than later. People prefer present satisfaction over future satisfaction. These days’ people’s time … Continue reading
Dark Clouds on the Horizon
Wow! Just when we thought we’d seen it all, something fantastic happened. What a delightful treat… The tiny island nation of Cyprus has the whole European continent welcoming spring with the frosted hearts of a December blizzard. For a brief … Continue reading
On Price Distortions and Landmines
Former Federal Reserve Chairman Alan Greenspan told CNBC on Friday that the Dow’s new highs and 10-day run were not the result of “irrational exuberance.” On cue, the Dow took a 25 point nose dive…closing out the day with its … Continue reading
