Laissez-faire: The best Fed policy is to stand pat

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“The FOMC has significantly downshifted the GDP growth outlook, which suggests the Fed is as usual a step behind reality reacting to the summer market sell-off and the weak part of the year that started after Fed’s June guidance,” said Dian Chu in this guest post. […]






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Stop Press: “Investment Postcards Daily” (Nov 7, 2011) is out!

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As part of my daily routine, I publish all my reading (including snippets from other well-known commentators) in an Internet newspaper, “Investment Postcards Daily”. Click through to read the latest edition and register for a free subscription. […]






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Laugh out Loud: A “hands-on” prez

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A picture speaks a thousand words … […]






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