All Posts Tagged With: "the fed"

We can see Joseph Heller having a quiet chuckle about this. In order to keep on ascending, global markets need another dose of ‘Quantitative Easing‘ – QE Mark III. But for the Feds to justify another round of QE or debt monetisation, they need to see the market fall considerably, perhaps by 20 per cent or more.

Poor old Ben Bernanke has a deflation phobia. He sees it everywhere the way the kid in The Sixth Sense saw dead people. And Bernanke is equally terrified of falling stock prices (and their effect on consumer confidence).

Warren Buffett doesn’t like gold. Neither does Dennis Gartman. That settles it for us: gold must be a table-pounding buy.

Apple’s share price has gone from around $360 in late November to nearly $550 now. That’s a gain of more than 50 per cent in about three months. How much of this is due to the latest liquidity gush from the ECB, as well as the promise of low interest rates ’til 2014 from Ben Bernanke? We would think a lot.

We can learn a lot from the Argentines. When it comes to messing up an economy, they’re Numero Uno. They’re Olympians of financial legerdemain and masters of the old false shuffle.

Matt Taibbi — like many other cynical financial market observers — has learned to regard every pronouncement from Goldman Sachs with suspicion. Recent experience has demonstrated that “tame” and “harmless” are attributes that rarely operate within the Goldman Sachs business model.

Can Australia’s currency continue its rampage while exporters burn? The currency wars have been going on quietly here at home for some time now. And going by the state of our exporters, we’re losing.

The Fed is ramping up its currency swap activity again. Meaning, Federal Reserve Chairman Ben Bernanke, is printing money again. That’s bad enough. But this time, after he prints it, he sends it over to Europe. Crazy, but true.