#1. The next time you hear an economist-type say “it’s different this time”, suggesting the prevailing trend will continue ad infinitum, know it to be the best indication that the trend is about to change… #2. The next time you think the financial world’s coming to an end, understand that if you’re right, it doesn’t [...]
Not to beat a dead horse here, and I really don’t want to be a pisser and moaner, and I’m not trying to pretend I know more about economics than our illustrious leaders, but I honestly don’t think it’s all that complicated… I’ll offer my thoughts in a succinct manner, so you can get on [...]
You think the world’s changing fast? You have no idea. Watch this mind-blowing video then continue reading: My good friend who sent me this link added the following comment; “this sure puts things into perspective – though it’s too big to grasp (at least for my tiny little human brain)”. Which is interesting because this [...]
The Fed stepped in after hours yesterday and bumped the now-days-neglected discount window (the facility whereby the Fed acts as lender of last resort) rate by a quarter of one percent, putting it at .75%. Yesterday the Producer Price Index came in sharply higher than economists had expected – I believe they felt a symbolic [...]
