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GDP & The Fed: One Word Comes To Mind: Fugaze
Earlier today, we found out that the initial reading of Q2 GDP came in at 4%. Does this really matter? Not really, because Q1 GDP was revised so many times that the initial reading and each subsequent reading is nothing more than just another blip on the radar. Q1 GDP was revised again today to…
History may not repeat…..but it sure RHYMES
Few old headlines that are very similar to recent headlines: It’s a funny old World: 1989-1991: Housing and savings and loan crisis: Fed eases aggressively as economy enters deep recession 1992-1994: Existing financial architecture in Europe (ERM) blows apart 1995-1998: European convergence trade in both FX and Bond spreads keeps European currencies relatively stable vis a vis the…
Davos 2010: Morgan Stanley's John Mack
Davos 2010: Morgan Stanley’s John Mack
Day Count Reset as Correction Intensifies
Day Count Reset as Correction Intensifies
Apple's iPad Has A Problem…U1 Hybrid iPad from Lenovo
Apple’s Got a problem…iPad Killer from Lenovo. Lenovo’s amazing Tablet/PC Hybrid brings a tablet and a PC together in an amazingly elegant way. It’s a tablet. It’s a notebook computer. It’s the future…
The World Is Deflating…
Deflation, What Is It? & Why Is It Important? Deflation, Inflation & Disinflation- Defined For the purposes of this article, the following definitions will be used: Deflation occurs when asset prices fall considerably Inflation occurs when asset prices increase Disinflation occurs when the rate of inflation slows. The World Is Deflating: As a general guideline,…
