Hey Schiff. hedonic price adjustments to the CPI have been done for DECADES. Why are they only an issue when Republicans are in office? I got a great idea..put your money where your mouth is. Create/Start trading CPI futures based on your cockamamie idea of what the actual inflation rate is, and see how many people are interested in your contracts. NONE.
When the Market Runs Out of Lifeguards, Will You Sink or Swim? [View article]
Come on darling! Why don't ya point out the AWESOME Parallel downtrend channels in both the SPY and DIA charts? This most recent rally is just a bounce off the lower trendline.
Looming Financial Catastrophe: A Real Inconvenient Truth [View article]
Put it to rest Homeboy! The same cackle in the 1980s about Japan,in the 1990s about Europe, and now in the 2000s about China. All those surpluses and 'funded liabilities' seem to have done the world markets wonders in the last year...what are thay, all down about 40%? I'll take BEn Stein's figures over yours anyday.
Look man ya follow CARTER economic policies ya get CARTER economic performance..slow growth, unemployment, inflation and high interest rates. Since these four criteria go into EVERY asset evaluation model, how can ya profess such amazement at the high correlation in asset performance? And all techniques have times when they are subpar..why should indexing be any different? The key to indexing success is its LOW COST for management and trading. Over the years that leads to superior performance.
Today’s Bull Market Is Tomorrow’s Bear Trap [View article]
Get your facts straight, HOSER! ;) The on-balance-volume in SPY, DIA and especially QQQQ is far better than any rally in this market so far. Not that this disqualifies your premise, but I am deeply suspicious of anyone who makes such a bogus claim so easily disproven by a few clicks and a few facts.
AWESOME! Now if the fed would just get some CAJONES aqnd raise SHORT TERM RATES, LONG TERM RATES would fall as a result of collapsing commodity and inflation expectations, and the world would be on the road to recovery.
Whether the Euro zone CUTS rates, or the US belatedly raises them, won't make muhc of a difference. Would be nice to see BOTH. Our rates are TOO low..trying to bail out promiscuous lenders and unqualified borrowers. A surge in the dollar would collapse commodity prices, causing funds to flow into productive investments, and spur on world economic growth.
I love the way the same luddites who doubt US economic data (GDP growth, low inflation) but swallow statistics from China hook, line, and sinker. Thanks for the article. A collapse in commodities and a china scare would lead to a flight to the US dollar.
Comments by Plosser and Paulson Send Dollar Higher [View article]
Nonsense. A rate increase and firm commitment to fight inflation should be announced and enacted NOW. Bush should meet with his advisors/Fedspeak people and (1) announce a 1/4 hike in the discount rate; (2) announce oil released from the SPR as needed to curb price spikes, and (3) demand drilling in ANWR and hold congress IN SESSION until the law passes. Oil prices would collapse to $80 a barrel overnight, Obama would be history, and we'd never look back. The cost would be short term severe recession (6 to 12 months), much as Reagan short term medicine caused...but worth it in the long run.
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When the Market Runs Out of Lifeguards, Will You Sink or Swim? [View article]
cyclingscholar
Looming Financial Catastrophe: A Real Inconvenient Truth [View article]
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Comments by Plosser and Paulson Send Dollar Higher [View article]
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