Monthly Archives: August 2015

Cycles or Central Banks? Investment Challenge Needs A Process.

Nomi Prins explains “economic” policy in 2 sentences. Keith Weiner tears down central bank mythology. Volatility explosion is a crack in the facade of “economic” policy. Break-even inflation levels show Federal Reserve policy is inconsistent and incoherent. Ray Dalio and … Continue reading

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Looking Beyond “Can Kickers United”

Fed missing again, backtracking again “Can Kickers United” Fed now criticizes the Fed! What is the Fed really doing? The car market accident begins Retail Zombies Equity risk – Corporate cash flows more leveraged than ever before What does an … Continue reading

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China. ZIRP Zombies. “Bank Alchemy” or Gold.

China confirms and accelerates the global economic crisis. All economies are becoming “ZIRP Zombies” as currency wars continue. The “Bank Alchemy” monetary system, started in 1968, is rapidly unravelling. “ZIRP Zombies” may be forced to choose again between “Bank Alchemy” … Continue reading

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Federal Reserve Collision Course. S&P 500 Revenue Recession.

Each day appears to have become a kind of dysfunctional “groundhog day”. The economic data continues to show increasingly pervasive economic weakness, while the Federal Reserve sounds ever more confident that the economy is doing so well that interest rates can be raised very soon. These … Continue reading

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