From the category archives:

Economy

Battle of the Bond Gurus – Excellent Video

April 4, 2010

Here is a clip to a debate between Jim Grant and David Rosenberg; two of the best economic prognosticators in the business today. I read everything I can from these two guys, and it has a material impact on my investment choices for me and clients. What scares me is these two mentors from afar [...]

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Atta Boy, Dylan Ratigan

March 26, 2010

I don’t get to see his show due to his time slot, but I catch segments like the one below through the blogosphere. Dylan Ratigan does a fantastic job of exposing the truth behind the corrupt Wall Street and government alliance. If you have time, catch Dylan’s show or check in with him occasionally on [...]

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Krugman’s Hoover History

March 25, 2010

Here is an article in the Daily Reckoning from Robert Murphy, an economist at the VonMises Institute. There has always been this misconception that President Hoover sat back and did nothing when the Depression hit. This article does a nice job of refuting these ridiculous claims.
Krugman’s Hoover History

Robert Murphy

At his popular New York Times [...]

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The Rubber Hits the Road – Hussman article

March 9, 2010

I am a big fan of John Hussman. His recent article, “The Rubber Hits the Road”, hits my thoughts exactly. The Fed and our government through a massive amount of stimulus at the economic downturn. However, this only provides a short term fix. The underlying structural problems still exist and will manifest itself at some [...]

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State Helps Pay Mortgages for Citizens

March 8, 2010

Here is an interesting article about a program in Pennsylvania that loans up to $60,000 to homeowners who can’t pay their mortgage due to a layoff or other financial strain.
The program, which has distributed $450 million on behalf of 43,000 homeowners since its inception, has an 80% success rate in helping borrowers avoid foreclosure. And [...]

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The Wrong Lessons from Japan’s Defunct Economy

March 8, 2010

Interesting article from Andy Xie, a former analyst at Morgan Stanley who now follows China and the Asian economies. I completely agree with him that our economists are heading down the wrong path. They assume that more stimulus is needed. The reality is the opposite. We have over-indebted our economy and need to deleverage.
The biggest [...]

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The Multiplication of Money – John Mauldin article

February 28, 2010

The economy grew in the fourth quarter by 5.9%, the most in years. The adjusted monetary base is exploding. Bank reserves are literally through the roof. The Fed is flooding money into the system in an effort to get banks to lend. An historically normal response by banks (to increase lending) would have been massively [...]

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GDP Actually 5.9% – Very Small Considering the Stimulus

February 27, 2010

Turns out the U.S. GDP grew 5.9% in the fourth quarter of 2009 compared to the  initial 2.7%. However, the actual sales to consumers was lower than originally reported while inventory replenishment was larger.
Nearly two thirds of the growth in GDP in the fourth quarter was accounted for by changes in inventories, not by final [...]

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Stocks and Government Interference

February 25, 2010

Interesting exchange on Tech Ticker with Peter Boockvar, an equity strategist at Miller Tabak.

The interesting part isn’t so much the debate about deflation or inflation – although that is a huge factor in where the markets head from here (I suspect deflation for longer than most anticipate) – but about how government intervention makes it [...]

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Rogoff Sees Sovereign Debt Defaults

February 24, 2010

A good article by Ken Rogoff, the author of This Time is Different, about the impending sovereign debt defaults.
Following banking crises, “we usually see a bunch of sovereign defaults, say in a few years,” Rogoff, a former chief economist at the International Monetary Fund, said at a forum in Tokyo yesterday. “I predict we will [...]

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