Fri 2008-04-18 00:00 EDT
"all central bankers are guessing, and not just on interest rate policy either...no one has consistently guessed wrong more often than the Fed and Bank of Japan"
Central Bankers Guessing; Mish's Global Economic Trend Analysis.
Fri 2008-04-18 00:00 EDT
Jesse's Café Américain: Bankers Ask: Are the Bankers Rigging the Markets? "LIBOR rates might be 'fixed' by large global banks providing false information."
Bankers Ask; Bankers Rigging; Jesse's Café Américain; Market.
Wed 2008-04-16 00:00 EDT
Sat 2008-04-12 00:00 EDT
Sat 2008-04-12 00:00 EDT
Hillary's Flimsy Case, by Matt Taibbi, Rolling Stone; Obama "running as a symbol of a new politics...But if it were to get out that he's not that...then he quickly morphs into a different kind of symbol, a symbol of how an essentially bankrupt political system can seamlessly repackage itself to a fed-up marketplace by making cosmetic changes, without altering its basic nature." "In American politics, always look for the worst possible scenario to emerge triumphant"
Fri 2008-04-11 00:00 EDT
"Having become a service economy and sent so much manufacturing overseas, a cheap dollar may not produce the benefits the US hoped to achieve."
China's Foreign Reserve Increases Accelerate; naked capitalism; Yuan Appreciation.
Fri 2008-04-11 00:00 EDT
CLOs Pawned Off To The Fed
Crazier; Fed's Swap-O-Rama; Mish's Global Economic Trend Analysis.
Fri 2008-04-11 00:00 EDT
Jesse's Café Américain: "Nothing Fundamentally Broken on Wall Street" - Bernanke
Bernanke; fundamentally broken; Jesse's Café Américain; Wall Street.
Thu 2008-04-10 00:00 EDT
Citi selling 12 billion leverage loans at big discount
Citigroup; Mish's Global Economic Trend Analysis; Ponzi Financing.
Thu 2008-04-03 00:00 EDT
"Don't expect the Fed to learn from past mistakes. Instead, expect the Fed to repeat them with bigger and bigger doses of exactly what created the initial problem."
Fed Uncertainty Principle; Mish's Global Economic Trend Analysis.
