Yankee Running Dog

Thursday Outlook: Another Bubble?

The big news from Ben was that he was going to buy back his own bonds. This of course means printing money at no cost to Fed, but it should have a cost on the dollar. This could be the big pivot point in the dollar. So lets see, expect a rise in gold, commodities, PG (multinational corps with large overseas profits). In other words, expect the price of real things to go up as the dollar goes down. Lets just hope they don't turn it into Wiemar 1923 where a wheelbarrow of paper money bought a loaf of bread. Helo Ben could be headed for hyperinflation

The Bailout Pork Effect: Short Term Rally, Long Term Disaster

I would guess one might make a case for deflation instead of inflation... Let me see, the interest rates drop to 0.0%, banks still do not come out of their bunkers, business earnings drop like a meteoroid and capital spending dries up and prices start to fall... Read your history from 1929 to 1932.

In case you have not looked at the charts recently, all the industrials and materials are headed straight down, China has quit importing oil..


Only time will tell the name of the game, deflation or inflation.

Wednesday Outlook: Caught in a Holding Pattern

Dave,

I enjoy it to