Tag Archives: debt
The Paradox of Fed Credit
Last Tuesday the Bureau of Labor Statistics reported the Consumer Price Index increased 0.4 percent in May and 2.1 percent over the last 12 months. That means if you didn’t get a 2 percent raise this year you’re doing worse … Continue reading
Cause and Effect of a Broken Market
According to the professionals, the economy’s improving. Can you believe it? Despite the fact that first quarter GDP declined at an annual rate of 1 percent, economists are coming up with the darnedest reason why things are getting better. “Late … Continue reading
Economic Blasphemy
Last week the Bureau of Economic Analysis made a revision. You may have heard about it. According to the government statisticians, first quarter GDP didn’t decline at an annual rate of 0.1 percent as previously estimated. Actually, when they re-counted … Continue reading
Putin’s Revenge?
Buying low and selling high is an investment strategy that guarantees success. But few are capable of doing it. Most people have an uncanny ability to buy high and sell low. They’d rather buy Facebook at 80 times earnings than … Continue reading
