Believe it or not I’m still getting a lot of questions about how QE works, so I’ve reorganized the discussion some: First, recognize that, in
So it was buy the rumor, buy the news, then watch it all fall apart a few days later. QE was a major international event,
Dudley, a former Goldman Sachs economist, also rejected the widely held view that the Fed is really printing money. “What we’re doing is, when we
Looks like a big ‘risk off’ day coming up. The authorities are embodying uncertainty at a time when it’s ‘their move’ Where things go is
> > (email exchange) > > On Wed, Nov 10, 2010 at 10:29 PM, Mark wrote: > > One more thing I dont get. You say there isn’t
Back pedaling from yesterday’s remarks, but just getting the fish hook in deeper. Gold is a non financial asset,not an ‘alternative monetary asset’ Starting to
When Japan First Did QE, Stocks Shot Up And Then Quickly Cratered Massively Pragmatic Capitalist November 4 — There appears to be some confusion over
> > (email exchange) > > On Thu, Nov 4, 2010 at 11:26 PM, wrote: > > Do you have any thoughts on this supposed wealth effect? >
I’ve been watching for a ‘buy the rumor sell the news’ ‘risk off’ reversal, but it happened at best only momentarily after the Fed announcement,