09/09/09 9:09:09
> Right now, its the 9th second of the 9th minute of the 9th hour of the 9th day of the 9th month of the 9th year of the century. You...
Evans on inflation
Unfortunately the Federal Reserve Bank of Chicago’s website hasn’t posted Evans speech titled the “Great Inflation...
Five Reasons to Avoid the Gold Rush
Vitaliy N. Katsenelson presents the counterpoint for the gold argument: ~~~ The reasons why one should sell the cat, pawn the...
“The Great Inflation Debate” and other stuff
Interestingly, the day after gold traded over $1000 and the US$ index fell to a one year low, Fed Pres Evans gives a speech at 8am titled...
Tactical Error: Health Care vs Finance Regulatory Reform
I believe the brain trust behind the Obama White House has made a huge tactical error. As Rahm Emmanuel likes to say, one should...
“New Normal” Means Central Banks Won’t Soon Exit
Good Evening: U.S. stocks rose for a third straight session, recouping almost all of last week’s losses in the process. That these...
Coming Soon: Interest-Only Mortgage Defaults
Its amazing what passes for “news” in some places: There is an interesting albeit well-trod discussion in Wednesday’s...
Consumer Credit Falling Fast
> Aside from what Bloomberg reported (below, bold/italics mine), the year-on-year change in consumer credit outstanding has been...
89 Bank Closures in 2009
> click for ginormous chart > Source: Bank closures hit 89 for 2009 Charlie Carter Financial Services Technology, 09/09/07...