| ||||||||||||||||||||||||||||||||||||||||||||||
By Jeremy Gardiner You will hear much discussion around the terms ‘Wall Street’ and ‘Main Street’. Wall Street is synonymous with the US financial system and Main Street represents the US consumer. It is clear that the average American sees the current crisis as a Wall Street problem and the bailout plan [...] More on this topic (What's this?) Keith Fitz-Gerald: Why Europe's Latest Bailout Won't Work (Money Morning, 12/21/11) Our Financial "Regulators" Just Let Us Down Again (Money Morning, 12/21/11) The Chicago Sessions (Finance Documentaries, 12/16/11)
Humpty Dumpty sat on a Wall Humpty Dumpty had a great fall All the King’s horses, and all the king’s men Didn’t bankrupt the country and devaluate the currency putting the shifty bastard together again. Hat tip: Barry Ritholtz’s The Big Picture, September 29, 2008.
Did you enjoy this [...]
The first ever trillion-dollar loss on Wall Street came in the wake of US lawmakers failing to gather enough votes to pass the $700 billion bail-out package. This post deals with a few interesting snippets and concludes that we are still in the grips of a primary bear market and should tread carefully until the smoke clears and the flames can be measured. [...] More on this topic (What's this?) Ratio Analysis: $DAX/European Financial Index Going Parabolic? (Money Morning, 1/24/12) Hiring Surges in Pimps, Prostitutes and Drug Dealers (Wealth Daily, 2/4/12) The Great Minds of the Market: Charles Dow (Investment U, 1/23/12)
“It seems like a foregone conclusion that deflationary pressures are now squarely upon us. Prices are falling in asset classes across the board,” said guest contributor Bennet Sedaca. “I have focused on credit for years but now turn to the next threat I believe is on the horizon. Deflation.” This is a sobering post to be sure, but a concept deserving our serious attention. [...] More on this topic (What's this?) Not Much of a Debate: Inflation is Part of the Plan (Money Morning, 1/31/12) Central Banks Push QE To Fight Deflation and Debt (Trends I'm Watching, 1/27/12) Chart: A Blow to Inflationists (Investment U, 10/24/11)
Hat tip: Boing Boing, September 26, 2008.
Did you enjoy this post? If so, click here to subscribe to updates to Investment Postcards from Cape Town by e-mail.
Barry Ritholtz has put pen to paper to write a memo “from Wall Street to Washington, D.C.”, spelling out in no uncertain terms the role that Uncle Sam played in enabling the current financial mess. [...] | ||||||||||||||||||||||||||||||||||||||||||||||
Copyright © 2012 Investment Postcards from Cape Town - All Rights Reserved Performance Optimization WordPress Plugins by W3 EDGE | ||||||||||||||||||||||||||||||||||||||||||||||
Recent Comments