Pessimists Will Miss the Recovery
The blog Zero Hedge is a dark place where there is nothing good happening in the economy and the stock market is manipulated by evil Wall Street forces. They scour investment research for the most dour of forecasts and feed the paranoia of their readers with vague conspiracy theories. It is certainly profitable for the owners .. read more
The Circular Flow of Treasury Debt
I wander over to the NY Fed’s website at least once a day to see what they’re up to. The NY Fed is responsible for purchasing mortgage backed securities, Treasuries and Agency bonds that are part of the Fed’s quantitative easing program (or credit easing as they refer to it; whatever). I find it interesting to see the .. read more
Market Commentary
The weekly market commentary is posted on the main part of our website. Thanks to RealClearMarkets (Thanks, John) and Zero Hedge for the links.
