Investing Begins With Education: Top 12 Investment Books [View article]
Livermore was good. Haven't read Lefevre's bio of him, although my father gave livermore's original to me when I was very young. The markets are driven by the same impulses now as then and you are right, they are the real deal. Sad what he did. Still waiting for more good book recs. There are many out there.
Why QE3 Can't Work: Understanding The Liquidity Trap [View article]
Tyler Peglow, You're right kid, be an opportunist. Don't regret not participating in it. If this does move higher, it would be nice to see some healthy corrections on the way up. Nice short-term shorts. Mr Stuber, I'm going to check out Karen Murdarsi's explanation of liquidity trap. Good trading.
Today In Commodities: Black Swan In Store For Stocks [View article]
Looks like someone here keeps an eye on energy markets. And for modern investment theory to proclaim the impossible to occur, well there is something called theory-induced blindness. Don't get so locked-in to a train of thought that you can't see the trees much less the forest.
Why QE3 Can't Work: Understanding The Liquidity Trap [View article]
I greatly admire and respect Keynes. He was brilliant, but wrong on too many things economicly. But a lot of people took his ideas and also manipulated them to their own use. I just don't think Keynesian economics works no matter how it is applied.
Why QE3 Can't Work: Understanding The Liquidity Trap [View article]
Banks absolutely lend out existing deposits. It's called maximizing opportunity cost. Fractional reserve banking is part and parcel of the modern finance system. Lending out too much adds excess amounts of cash to the money supply affecting inflation. Banks simply can't let that money sit idle, they have to do something with it, but let's not go there.
Why QE3 Can't Work: Understanding The Liquidity Trap [View article]
QE will not continue forever. In order to reduce deficits, governments raise taxes, which in turn reduces private sector spending, shrinking government sector spending and temporarily reducing GDP growth. The Treasury Dept. knows that zero interest bonds are nothing more than a hidden tax. That alone will not fill the gap. With 78% of leading indicators rising, the recovery continues, slowly. The velocity for M1 here doesn't take into account "the equation of exchange ". There is a different velocity factor for M1 (transaction accounts) and M2 (interest bearing accounts). Yes, if money moves faster, it takes less of it to stimulate activity. But the amount of money that is actually involved is unknown because banks are not required to report on sweeps. Until it is decided to do away with money and find a different medium of exchange, all of this remains highly subjective. By the way, banks started receiving interest on all of this extra money they were required to hold in their reserves from this stimulus program starting in 2008.
Investing Begins With Education: Top 12 Investment Books [View article]
C'mon. You can do better than that. Self-Awareness? Most people here have already had an epiphany or two. Lynch and Soros? Those would be found in the cooking section.
Emperor Bernanke, 3 Castles, And An Inevitable Unwind [View article]
Bernanke spoke about transparency in 2002 when he was a governor of the FRB. Well, it's a pretty easy read. The FED hits the print key, issues fiat money to repurchase their own debt which now becomes a push because they simply retire those obligations. Time is the most valuable asset here. Stretch this out with QE1, QE2, QE3, Operation Twist and wait until the employment situation rights itself which it will ultimately do, and give themselves credit for events that had no correlation.
Building a 'Permanent Portfolio' Using ETFs [View article]
Mr Rasmussen is correct on one point. This stuff is a fad. But I would like to expand on another. These pp's do exist. And they are being sold as fail safe investments with bullet proof strategies. But, you're on the right track kid. Go get'em.
Why Jack Welch Is Overrated, And Why You Should Buy GE [View article]
cpanomore, sadofsky, you are absolutely correct. Being in the right place at the right time has an awful lot to do with how people pereive folklore. I think Welch is very very good. At self-promotion.
Investing Begins With Education: Top 12 Investment Books [View article]
It's a good list you put together there Mr. Herr. My only disappointment would be the lack of more response by SA members to your article. I'm sure they are busy looking for the Holy Grail.
I certainly can't see any good coming from this fiat money. I agree with another contributor here about being reluctant to participate in a bull market but you can't fight the tape. And if Bernanke truly believes that this move will bring down unemployment, well, would there be a need to even think about QE4? Great article Mr. Santos. Safe trading to all.
Why QE3 Can't Work: Understanding The Liquidity Trap [View article]
Investing Begins With Education: Top 12 Investment Books [View article]
Why QE3 Can't Work: Understanding The Liquidity Trap [View article]
Today In Commodities: Black Swan In Store For Stocks [View article]
Why QE3 Can't Work: Understanding The Liquidity Trap [View article]
Why QE3 Can't Work: Understanding The Liquidity Trap [View article]
Why QE3 Can't Work: Understanding The Liquidity Trap [View article]
Investing Begins With Education: Top 12 Investment Books [View article]
Emperor Bernanke, 3 Castles, And An Inevitable Unwind [View article]
Building a 'Permanent Portfolio' Using ETFs [View article]
Investing Begins With Education: Top 12 Investment Books [View article]
Why Jack Welch Is Overrated, And Why You Should Buy GE [View article]
Today In Commodities: Black Swan In Store For Stocks [View article]
Investing Begins With Education: Top 12 Investment Books [View article]
There's No Longer A Bernanke Put [View article]