Hefaistos

The Case Against Investing in the Dow Industrials (For Now)

Concept for this article is nice... but it is a fundamental error to do this kind of technical analysis of long-term developments based on a linear scale chart. If you redraw the chart with the needed log scale, you will get another picture, other conclusions.

Let's Just Say It: Print More Money

"...where's the money? Where's the quantitative easing? Not token hundreds of billions. Trillions. Dollars. Without sterilization. The kind of money that will create - no, force - inflation."
That's the spirit! Bring it on! ... if it only were so easy...
Trouble is, that as well as inviduals can be classified as 'subprime' and default on their debt, so can nations.