Expansion? WHAT EXPANSION?

Bloomberg: Federal Reserve Chairman Ben S. Bernanke signaled he’s concerned Europe’s crisis will hobble a 2 1/2-year U.S. expansion that may need another boost from the central bank. The economy allegedly "grew" at about 2% this fiscal year. In the meantime, the federal government borrowed and spent the equivalent of 13% of GDP. SO if [...]

By |2011-12-14T19:03:42-05:00December 14th, 2011|Economy|0 Comments

Bond Vigilantes, Rumored Dead, Arise From The Sea And Visit Washington DC; Obama To Veto “Cut, Cap and Balance”

Even Bernanke's money-dropping aircraft are powerless to stop the carnage. http://www.youtube.com/watch?v=o7gFlSGXt_k&feature=related Ray Dalio was just interviewed by John Cassidy of The New Yorker. The article goes to some length to describe Dalio's business style and his rigorous nature, probably an effort by the magazine to establish his credibility with its readership. Ray Dalio is the founder [...]

By |2011-07-19T09:42:49-04:00July 19th, 2011|Economy, Media, Video|1 Comment

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