Tag Archives: government meddling
False Booms
Consumers are borrowing money again…and they’re borrowing a lot of it. Last week the Federal Reserve reported that consumer credit increased $19.3 billion in December. This increase dwarfed the $7 billion median forecast of a Bloomberg News survey of economists. … Continue reading
How the Stock Market Doubled
Things keep on moving forward as they must. Some things seem obvious and predictable…like Greek insolvency. Others, like the escalating potential for an attack on Iran, are just coming into focus. Still, what we see, and what we know, is … Continue reading
Credit Market Killing Machine
Yields on the 10-Year Treasury Note remain below 2 percent. Interest rates this low are extraordinarily abnormal. They indicate credit markets are feeble. Moreover, despite the Feds efforts to suppress interest rates, these ultra-low yields may be hurting the economy … Continue reading
Davos Hootenanny and Salvation Call
Despite the reformers endless efforts to encircle mankind, some persist beyond the broad extent of their casted net. In the backwaters of the Republic, for instance, the distant rumble and flicker of Saturday night hootenannies still befall yonder the mighty … Continue reading
