Tag Archives: interest rate
The Prelude to QE4
The U.S. economy officially exited the Great Recession in June 2009. But the recovery hasn’t done much to lift the broad population’s lot in life. Six years into it, and the economy trudges along like a jack donkey up a … Continue reading
Good Riddance
High-risk investing is rewarded with higher returns when the financial tide is rising. The vast sea of liquidity hides the hazards and perils of a rock bottom reef. Madmen and lunatics get rich. But when the tide turns…watch out… “You … Continue reading
How the World Becomes Unrecognizable
Ninety three percent of Americans believe Elvis Presley is dead. That means 7 percent believe he’s still alive. The real insight here is that 7 percent of Americans are morons. The secondary insight is that a statistical result of 93 … Continue reading
Bet Against the House at Your Peril
The stock market’s on edge. After dropping 278 points last Friday and climbing back 139 points on Monday…the DOW purged 332 points on Tuesday. Wednesday the DOW gave back another 27. By yesterday the storm had past. Sunny skies were … Continue reading
