Archive - Dec 23, 2012 - Blog entry
“Trench Warfare” And “Civil War” Over Confiscatory Taxes In France
Submitted by testosteronepit on 12/23/2012 18:34 -0500It’s getting hot: “unprecedented waves” of people are bailing out — not just the super-wealthy
Notable Weekend Developments
Submitted by Marc To Market on 12/23/2012 18:16 -0500
Yes, it is the holiday season. Yes, you are unlikely to be taking action with your investments. Yes, the morphing of what is into what will be continues uninterrupted.
There were several developments over the weekend that will influence the direction of the the markets in the days ahead, with the usual caution about the impact of the thinness of conditions.
First, the major focus remains the US fiscal cliff. One of the most important ways in which the US fiscal crisis differs from those seen in Iceland, Greece, Portugal, Ireland is that it has not been triggered by a capital strike. Investors have not fled the US. Interest rates have not trended higher. It is not a fiscal crisis. It is a political crisis
Investor Sentiment: This is For Certain
Submitted by thetechnicaltake on 12/23/2012 18:06 -0500I am not sure what to make of this tidbit of information, but it does point out how silly and fickle investors have become.
The Real Reasons the Fed Announced QE 4
Submitted by Phoenix Capital Research on 12/23/2012 13:46 -0500Why'd the Fed announce QE 4? Three reasons: the US economy is nose-diving again and the Fed is acting preemptively. The Fed is trying to provide increased liquidity going into the fiscal cliff. The Fed is funding the US’s Government massive deficits.
