mauijeff

The Dollar Is Dead

China has moved to only buying short term treasuries. There is no demand for the longer term securities so the FED announced it will buy them starting this week (this means that the FED has been buying them for some time). The exit from the dollar is in it's early statges. The dollar may surge agian if there are large stock market sell offs but the deal is done. The dollar is a dead man walking.

Does Obama's Stimulus Plan Pass the 'Prudent Person' Test?

Increasing interest rates due to increased borrowing for the stimulus brings the the efficacy of the stimulus into question.