http://www.economicprinciples.org/ well, spare a little bit of your time (30 minutes) to watch Ray`s video. Always refreshing and instructive. I wish he could have extended his thoughts on currencies and long term interest rates but…. he is right in saying that “how the economic machine works”is a pretty simple process.
I invite you to take a careful look at the following picture notice that we have about USD 292 trillions of financial assets which must seek returns from a global GDP of USD 71,7 trillions. make you projections depending on the rate of return you are looking for and….. I let you think.
Last week the market did shake a bit due to talk of eventual change in the handling of the FED’s balancesheet. Anyway…. the market did bounce back since super Ben before his testimony reassured the market that he did not see any imminent change to his policy. A few things drew my attention: Bernanke did […]