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    Economics /

    Inflation to the Rescue

    December 17, 2008

    Just when you thought analysts would start to make sense here’s an article from today posted over at MarketWatch.com: When 0% isn’t low enough: Should Obama embrace inflation? – MarketWatch Now my complaint isn’t the policy recommendation: that we will most likely have to inject so much money into the economy that we inflate our […]

    Economics /

    Morgan Stanley Posts $2.36 Billion Loss

    December 17, 2008

    I pass on this news from the New York Times for two reasons. But first the link: Morgan Stanley Posts $2.36 Billion Loss Now my two points: One: I think that Morgan Stanley and Goldman Sachs are both going to face a much tougher road to survival than the so called ‘experts’ have suggested. This […]

    Economics /

    Nearly Zero

    December 16, 2008

    It was widely expected but it is still quite a shock to see the Fed Funds rate dropped to 0.25%. Today’s move by the Federal Reserve Board had been anticipated by the markets for a few days, and after this morning’s other news about inflation (or deflation) and housing starts it was inevitable that the […]

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