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I attended a Richard Russell tribute dinner in San Diego on Saturday where Aaron Task of Yahoo Finance pulled me aside for a short video interview, as reported in this post. [...]
“Three issues keep us up at night. They are the basis of what we see as fundamental movements in the economic sphere that are being met by policy makers in only a superficial way. Over the last year, we have repeatedly seen that these superficial monetary and fiscal policy moves have been ineffective in dealing with the three issues we will address here. We believe policy is piling on the Band-Aids while the source of the bleeding is left unattended,” said John Sylvia in this short guest post. [...] More on this topic (What's this?) Gold Prices Jump When Bernanke Hints at Stimulus (Learn Mining News, 4/10/12) How the Federal Reserve “Squeezes” Smaller Banks (Learn Mining News, 2/10/12) Krugman: Why the U.S. Economy Could Use Higher Inflation (Money Morning, 5/2/12)
By Shaun le Roux The market is enjoying a decent rally. At last! In early March the JSE’s All Share Index found itself languishing below 18 000 and very close to last November’s lows. Now, it is back above 21 000 and a full 18% up from the lows of a month [...] | |||||||||||||||||||||||||
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