Monthly Archives: July 2014

Treasury Bonds Undervalued

The consensus remains convinced that Treasury Bonds are massively overvalued. Here is a brilliant and highly credible explanation why that may be completely wrong, with the bonus of some additional very well reasoned economic insight. link to article

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The 2 Trillion Dollar Corporate Buyback Tax Ruse

Here is an excellent analysis of how stock buybacks have been massively reducing the corporate tax bill particularly for the bigger companies: link to article The scale of this new tax ruse is astonishing and has now reached the point … Continue reading

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JP Morgan forced again to shift from Narrative A to reality Narrative B

It is crucial that investors understand that it is time to choose between 2 different economic narratives, which are very well described here: link to article As investors consider this, it might help to realize that, for the fifth year … Continue reading

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Consequences of S&P 500 companies strip-mining their equity

“… during the “difficult” economic times since the financial crisis began gathering force in Q1 2008, the S&P 500 companies have distributed $3.8 trillion in stock buybacks and dividends out of just $4 trillion in cumulative net income. That’s right, … Continue reading

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“The Fed Can Only Keep The Machine Duct-taped Together”

Brilliant explaination of the current economic predicament by Charles Hugh Smith. He explains how the Federal Reserve has now moved to the “duct-tape” era. This seems to have been confirmed implicitly by the central banks themselves in the recent BIS … Continue reading

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BIS painfully aware of central bank policy dysfunction

Remarkable statements from the BIS about the current state of central bank policy around the world. Understand that the BIS is the central bank policy maker forum. link to article

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