Archive - Feb 21, 2010 - Blog entry
Arnold and Ed – Good Plan/Bad Plan
Submitted by Bruce Krasting on 02/21/2010 22:07 -0500Some big governors on TV. What do they propose? Spend an additional $350b a year, that we don't happen to have. When will the bond market say no to all of this? Sooner than Ed and Arnie know.
Investor Sentiment: Bounce Mode
Submitted by thetechnicaltake on 02/21/2010 20:16 -0500The investor sentiment data is consistent with a market that is in bounce mode.
Gold and Euro: A New Tango For 2010
Submitted by asiablues on 02/21/2010 18:26 -0500Gold typically has the strongest inverse correlation with the US Dollar. In the last month, however, the trend has broken with gold trending inversely with Euro and positively with Dollar. Will this new trend hold and for how long?
Pension Systems on the Brink?
Submitted by Leo Kolivakis on 02/21/2010 11:26 -0500According to Pew, there's a $1 trillion gap between the $3.35 trillion in pension, health care and other retirement benefits states promised their current and retired workers as of fiscal year 2008 and the $2.35 trillion they have on hand to pay them. How dire is the pension problem in the US and what will ultimately shape the future of the pension crisis?
It's Supposed to Work, Dammit! Further Adventures in Keynesian Theory
Submitted by Econophile on 02/21/2010 01:15 -0500We are told we are in recovery. We are told we are not having deflation. We are told a lot of things but the facts seem to keep working against Messrs. Bernanke, Summers, and Geithner. The latest core CPI belie their Keynesian beliefs.
