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This post features Charlie Rose discussing Barack Obama’s economic stimulus package with Joseph Stiglitz and Martin Feldstein. Good stuff. [...] More on this topic (What's this?) President Obama’s Favorite Chart (Wall Street Daily, 1/13/12) Wall Street's Washington Infiltration Continues with New Chief of Staff Jacob Lew (Money Morning, 1/11/12) Obama's Hydraulic Fracturing Pledge (Wealth Daily, 1/19/12)
Source: Daryl Gagle
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“The Fed has declared a war on savers, a war on prudence and provided the ultimate Moral Hazard Card – and with our money no less. They are also setting up the ULTIMATE BULL TRAP – a trap so large that when it is sprung, perhaps as early as the end of the first quarter/beginning of second quarter, there will only be sellers left,” said guest contributor Bennet Sedacca. His post provides worthwhile reading material. [...]
Changing the digits on the calendar from ’08 to ’09 may not have transformed the dire outlook for the global economy, but during the holiday-shortened New Year week investors appeared adamant to put the rout of 2008 behind them. Read all about this and the implications for financial markets in my weekly review. [...]
A great deal has been said in the media about the performance of stock markets during 2008, and also specifically about the reversal of fortune since the lows of November 20. I therefore only briefly summarize the year-end performance of various global stock markets in this post. A performance table for different measurement periods ended December 31 is included. [...]
Although this is a holiday-shortened trading week, there has certainly not been a lack of video clips hitting the airwaves. A number of these review the historically brutal year that has just drawn to a close. Others attempt to cast light on the outlook for 2009, debating whether markets will stabilize, or at least be less ugly than 2008. A few of the more interesting clips that have attracted my attention are shared in this post. [...] More on this topic (What's this?) China: Big Changes Coming Soon (Money Morning, 1/10/12) Housing Bust in China (Wealth Daily, 12/19/11) China to Europe: “We’re Not Bailing You Out” (Wall Street Daily, 12/5/11) | ||||||||||||||||||||||||||||||||||||||||||||||
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