Federal Reserve Policy continued

Oh, baby.... keep reading

Not only is the subprime crisis not cintained, it is spreading innternationally. Here is a huge dominon... keep reading

The FED's tight money policy under Bernanke is having its effect: the collapse of unwise carry-trade loans. This hit was huge. There is no end in sight.... keep reading

The suckers -- local governments -- did not understand the risk. The ones who did pulled out. The majority are now locked in. There is a lesson here. Let me spell it out.... keep reading

The Economist is the best written magazine in English. Its articles are not gloom and doomy. So, when a cover story like this one appears, the editorial staff is worried. This is a "Remain calm . . . please!" editorial.... keep reading

The fear of broken bucks has spread. When investors find out that a money market fund may "break the buck," they run. This causes the fund to break the buck.... keep reading

This hits the credit markets first. Then it hits employment. Then it hits the general economy. Watch the dominoes fall.... keep reading

A document posted on the website of America's largest bank indicates a new policy: restrictions against transfers of large amounts of money into foreign banks.... keep reading

If you have been monitoring this, which I post in the "Free Materials" section of this site, you may already know the answer.... keep reading

What Greenspan said at the recent conference in Norway, as summarized by an attendee.... keep reading

This is the beginning of the refutation of one of the most naive arguments of the defenders of the payments deficit.... keep reading

Here is a Harvard Professor of history who wrote his Ph.D. dissertation on the German inflation of 1921-23. Here, he spots the problem today.... keep reading

The Grand Old Master's thoughts on where this market is heading.... keep reading

This analysis is not approved of by politicians, bankers, stick fund managers, and 20-somethings on Tout TV. But it makes a lot of sense. This will help you understand what we are facing.... keep reading

Most investors refuse to act on what they know until they have confirmation from others. So, they miss much of the opportunity. It has happened again.... keep reading

I think we are headed into recession. Who has the advantage, big business or small business?... keep reading