Archive - Jul 2014 - Blog entry

Don’t let a good crisis go to waste – Vladimir Putin's slogan.

I never dreamed of it then as I watched; no one on earth dreamed of that unerring missile. (The War of The Worlds--H.G. Wells)

These are two areas where the Federal Reserve might want to consider in their overall evaluation of the effectiveness of the ZIRP Experiment. I think the counterfactual case in these two examples is quite compelling.

NSA Spies On Americans, Then Passes Around Their Nude Pictures and Videos

How stupid do you have to be to send a commercial flight over what essentially is a warzone? How much do you think the airline actually saved by taking the most direct route?

So not only are we dealing with an investment landscape in which virtually no working fund manager has experienced a bear market in bonds… we’ve actually got an entire generation of investment professionals who have experienced only one increase in interest rates in 14 years.

Gold, silver, oil and wheat (see table) surged today after confirmaton that a Malaysian passenger airliner was shot down over the Ukraine. The tragedy is set to be used by opposing sides as a stick to beat each other with and inflame an already very tense geopolitical situation. 

U.S. Sanctions Against Foreign Nations Are Hurting American Companies

You nasty glob of spit!

Janet Yellen is always one step behind.  If people start to ask you "Are you fat?", then you ARE fat!

No one knows how this will play out. We all know on some level that it will not end well, but exactly how and when it will all backfire remains to be seen. We’ve already had two epic Crises in the last 15 years. By the look of things, we’re heading for a third one in the not to distant future.

FOOD AND BEVERAGE WARNING!

Forget Generalities ... Let's Talk Specifics

35,000 global M&A deals will likely be made this year, promising “efficiencies” and “synergies,” hence job cuts. The Great M&A Frenzy of 2007/8 ended in the Great Jobs Crisis!