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Blogbeiträge zum Thema on economy

Did You Make Janet Yellen Rich?

The Stress of Losing Billions Up until the WallStreetBets crowd short squeezed Melvin Capital for a $7 billion loss, Robinhood had it made. But losing billions is stressful. And when your product blows up your customer the clucking that follow...
On EconomyOn PoliticsThe Stock Market
Reddit Residue on Silver

Silver Yo-Yo The price of silver is going up and down like a yo-yo. On Sunday and into the first part of Monday, the price skyrocketed on news that Reddit was touting the metal. But as the data clearly showed, the price was not driven up by reta...
On EconomyPrecious MetalsThe Stock Market
Crypto-Mania Resurrected

The Investment Asset of the Century Makes yet another Comeback Even the most ardent cryptocurrency bulls are probably slightly slack-jawed at this juncture and can hardly believe it. To be sure, many people were undeterred by the vicious bear ma...
Crypto - CurrenciesOn Economy
Granthams ‘Real McCoy Bubble in a World Gone Mad

The Lure of Easy Money Right now happens to be an attractive time to do something stupid. Whats more, everyone is doing it. Maybe you are too. Stock valuations and corporate earnings growth no longer appear to matter. Why not buy an S&...
On EconomyOn Politics
Death of an Inter-Market Correlation

A Curious Development in Japan For a long time Japanese stocks have been little more than a mirror image of the yen – they would rise when the yen lost ground and fall when it strengthened. This has changed rather noticeably of late as the cha...
Credit MarketsOn EconomyThe Stock Market
Janet Yellen: Too Dumb To Stop

Autographing Funny Money The United States Secretary of the Treasury bears a shameful job duty. They must place their autograph on the face of the Federal Reserves legal tender notes. Here, for the whole world to witness, the Treasury Secretary pro...
On EconomyOn Politics
“In America Money Does Grow on Trees”

Full Commitment This week provided additional confirmation that America is fully committed to a program of currency destruction. Decades of terminal intelligence have gotten us to this special place. We will have more on this in a moment. But ...
On EconomyOn Politics
In The Long Run We Are All Alive

Prophet of Doom In 1976, economist Herbert Stein, father of Ben Stein, the economics professor in Ferris Buellers Day Off, observed that U.S. government debt was on an unsustainable trajectory. He, thus, established Steins Law: “If so...
On EconomyOn Politics
Central Planners At Work

Consumption without Production “Every man is a consumer, and ought to be a producer”, observed 19th century philosopher Ralph Waldo Emerson. “He is by constitution expensive, and needs to be rich.” Ralph Waldo Emerson (May 25...
On EconomyOn Politics