Unless you are a speculator, you have no business in these financial markets. Stocks are crazy and likely overvalued. Bonds are likely the next bubble to burst. We are approaching [...]
Wizard of Oz
The Great Oz er Fed Has Spoken – Go To The BunkerImage via Wikipedia Image via Wikipedia Below is today’s press release from the Fed. I have emboldened a couple of key statements. “With substantial resource slack likely to continue to [...] |
Wizard of Oz Economics Runs Into RealityImage via Wikipedia This is an Econ 301 post, a bit more complicated than typical posts. But this post from Nic Lenoir of ICAP and published at Zerohedge is worthwhile [...] |
The Fed Can’t ForecastImage by cjzurcher via Flickr Paulson, Bernanke and Geithner have horrible forecasting records. Anyone forecasting, leaves himself open for a certain amount of embarrassment. Yet these people persist in pretending [...] |

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