a quick look at the markets show us that QE infinity has been good to the US equities. Most emerging markets are in correction mode for quite a while, commodities have lost their shine too and bonds investors last year took a beating. Well.. I know have been wrong in not participating to the party […]
to talk about bubble seems to be in fashion presently but…. should we really care to know if we are or not in a bubble since we live in an “Uber Financial “world where asset price inflation has been (and some still believe in this mantra) the main engine of the mother of all bubble… […]
excellent article on the WSJ from an ex… QE executor… this resume very well the situation; Andrew Huszar: Confessions of a Quantitative Easer http://online.wsj.com/news/articles/SB10001424052702303763804579183680751473884 I can only say: I’m sorry, America. As a former Federal Reserve official, I was responsible for executing the centerpiece program of the Fed’s first plunge into the bond-buying experiment […]
As the chairman of financial asset price control, intials BB, has stated. When financial asset price are up, people will feel wealthier , better and will draw on their credit lines to buy the latest Iphone to feel even better and share their thoughts on FB…. the bloomberg headline ” Top 1% Got 93% of […]
An eventual solution to the fractional reserve banking system ?