Last Wednesday, February 23, I argued that “The Music’s Begun Again..” (http://seekingalpha.com/article/254474-the-music-s-begun-again-time-to-start-dancing), and I fully believe that to be the case.The economy has been growing....
Read MoreThursday, February 17, I put up a post titled “The Future of Finance is Getting Closer” (http://seekingalpha.com/article/253645-the-future-of-finance-is-getting-closer). In this post I discussed the changing world of finance and...
Read MoreThe Federal Reserve injected $73 billion more reserve balances into the banking system in the banking week ending February 23, 2011.The Federal Reserve has injected $272 billion into the banking system since the end of last...
Read MoreOne December 31, 2010, the FDIC reported that there were 7,657 insured depository institutions in the United States. This was 355 less than the 8,012 institutions that were in existence on December 31, 2009. (157 banks were...
Read MoreJohn Maynard Keynes is remembered for many quotes and one of the most memorable ones is his claim that “In the long run we are all dead.” Keynes wrote this remark to criticize the belief that inflation would acceptably control...
Read More“Another phenomenon on display (at the G-20 conference over the weekend) was China’s willingness to continue fighting on its own in the G-20 if necessary.” (See “G-20 skeptics wait for shift in behavior”:...
Read MoreSince the end of December 2010 (the banking week ending December 29, 2010) the Federal Reserve has injected almost $200 billion in new reserve balances into the banking system. (See my post of December 18:...
Read MoreThe Federal Reserve’s liquidity machine continues “full speed ahead”!In the banking week ending February 16, 2011, the Fed injected almost $31 billion in new reserve balances into the banking system.Over the past two banking...
Read MoreI know that not all of these facts that I present below are new, but reading about the following five in the morning papers just reconfirmed my position on the future of the financial markets. First and second, stock exchanges...
Read MoreOver the past decade, but especially over the last year or so, there has been a concern over when the “deficit sharks” are going to turn against the United States bonds and the United States dollar. This question has certainly...
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