Here’s The Evidence That It Wasn’t QE That Drove Down Long Term Rates – Video
This video by Wall Street Examiner Productions answers the question. Click HERE for Video If you are receiving this by email, click here to view....
Category : Editor’s Picks
An Evening With “Government Motors”
Long-term readers of this letter are well aware of my antipathy towards General Motors (GM). For decades, the company turned a deaf ear to customer...
How to Turn the Lagging S&P/Case-Shiller Home Index into a Leading Indicator
The S&P/Case-Shiller Home Price Index shows that a) real estate prices have been recovering and b) the performance of real estate ETFs is out of...
There Are No Gurus
If there was ever an argument that you should rely on independent newsletters for guidance about financial markets, such as The Diary of a Mad...
Reflections on “A Moral Obscenity”: How Long Ago Was a War Against Syria Decided?
The White House has begun to prepare a wary US public for military action in Syria, with a flurry of well-publicised meetings of the administration’s...
Ivory Tower Academics, Inflation, and Kindness
Harvard economist Kenneth Blanchard says "the benefits of a 4 percent inflation target might outweigh the costs" Rogoff goes even further, recommending "a short burst...
S&P 500 Hits Head-and Shoulders Target
There are times when short-term charts offer little to no guidance, and there are times when a chart just oozes with valuable clues about the...
Bring Back the Uptick Rule!
When the Dow crashed 514 points in a single day a few years ago, the market lost a staggering $850 billion in market capitalization. High...
The Bipolar Economy
Corporate earnings are up big! Great! Buy! No wait! The economy is going down the toilet! Sell! Buy! Sell! Buy! Sell! Help! Anyone would be...
A New IOM Report Reveals Why Medicare Costs So Much (Hint–It’s Not Just the Prices)
George W. Bush is 67. Chances are Medicare paid for the stent operation that I describe in the post above. For years, medical researchers have...