Archive - Jun 20, 2011 - Blog entry
What if 8% is Really 0%?
Submitted by Leo Kolivakis on 06/20/2011 23:15 -0500According to Mebane Faber, by investing in a portfolio with uncertain outcomes, pension funds could experience increasingly volatile and even negative returns. Paradoxically, in an effort to chase the universal 8% rate, pension funds may be laying the groundwork for returns even lower than the risk free rate...
THe LaST BaiLouT iN ATHeNs
Submitted by williambanzai7 on 06/20/2011 22:38 -0500Until the next one...
Nuclear Reactor Design Chosen - Not Because It Was Safe - But Because It Worked On Navy Submarines
Submitted by George Washington on 06/20/2011 14:45 -0500An accident waiting to happen ...
The Great Stagnation of 2011
Submitted by Econophile on 06/20/2011 12:35 -0500With industrial production falling, the likelihood of an economic recovery seems farther and farther away for Messrs. Bernanke and Obama. The way I look at the data, the US economy continues its slide into stagnation. This isn't a "double-dip" -- we never did recover from the '08 Crash -- but a consequence of monetary and fiscal stimulus.
Graham Summers’ Weekly Market Forecast (Hanging By a Thread Edition)
Submitted by Phoenix Capital Research on 06/20/2011 10:51 -0500Other countries are rapidly dropping US debt like a hot potato. Russia has sold off 30% of its US Treasury holdings. China has lowered its holdings for five months straight and has even suggested selling off 2/3 of its exposure. And with even legendary bond investors like Bill Gross avoiding Treasuries, we’re rapidly heading into a debt Crisis that will make 2008 look like a picnic.
