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A number of pundits claim that every time the president or his administration makes a major economic announcement the Dow takes a dive. In this guest post, Paul Kedrosky asks whether these events are actually related and examines the assertion by going deep inside the numbers. [...] More on this topic (What's this?) Obama Softens Policy On Myanmar And Nominates Ambassador (Value Investing, 5/17/12) West Virginians Protest Obama's 'War On Coal' (Energy and Capital, 5/10/12) High Oil Prices: The Truth About Obama's Misguided Witch Hunt (Money Morning, 5/14/12)
This guest post by Richard Berner of Morgan Stanley provides a useful update on some of the factors influencing the inflation/deflation debate. [...] | ||||||||||||||||||
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