true investment opportunities (1).
The IRA Analyst Thu 2009-10-22 19:59 EDT
...large flows of fiat paper dollars, I submit, explain the increasingly manic behavior of markets, investors and large banks over the past decade as true investment opportunities are increasingly outnumbered by speculation...
alliance; Congress; convenience; Fed; IRA Analyst; Primary Dealers.
zero hedge Wed 2009-09-02 20:01 EDT
There is a saying, that everything new is just well-forgotten old. The same apparently is especially applicable to propaganda that seeks to part fools with their money. Today's brownie point question is: was the statement below just uttered by Larry Kudlow, or did it appear first more than 79 years ago? There's a large amount of money on sidelines waiting for investment opportunities; this should be felt in market when ``cheerful sentiment is more firmly intrenched.'' Economists point out that banks and insurance companies ``never before had so much money lying idle.'' If you answered "the latter" you were correct. It first appeared on August 28, 1930 to be precise (and who knows how many times prior...
