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Recent Articles
- Geithner's Public/Private Plan Won't Work - March 27, 2009
- First of all, it is unlikely that banks will embrace an auction process. These firms have generally not sold their assets at discounts to par over the last 15 months...
- Was March 9th a Bear Bottom? - March 20, 2009
- The dramatic decline in share prices over the last quarter has been directly attributable to the absolutely frightening disrespect for the markets shown by the...
- What Gold Tells Us About Housing - May 28, 2008
- First, a digression as to why Gold is important. Gold is the most important market signal of all because it defines the price of a currency, including the dollar, and...
- Myths About Fed Funds & Liquidity - April 30, 2008
- It is important to note that many tend to look to the money supply measures as liquidity indicators of an inflationary or deflationary monetary policy. This is...