Why The Fed Didn’t Taper: 9/22/2013 Two reasons: Fits their Agenda, and a Simple Cost/Benefit Analysis. Bernanke’s worst case scenario for continuing QE is hyper inflation, which is currently a nonevent. Meanwhile, the upside of continuing QE: Help the Economy, Create Jobs, and Raise Asset Prices. Since the worst possible scenario is hyperinflation (and we are no where near…
The Lovely: The Fed Continues Printing $4B/Day! Good: Stocks are strong Industrial production matched estimates and rose 0.4% in August after being flat in July. Read here The consumer price index (CPI) rose by 0.1% in August which missed estimates for a gain of 0.2%.Read here No Taper, Fed stays the course and continues QE Read here…
Way To Big Too Fail & Respect Risk: People never fail to amaze me. The one constant in life and in markets is that human nature never changes. It has been 5 years since Lehman failed and the entire global financial system came to a grinding halt. What changed? What lessons have you learned? The single…
The Lovely: Fed Meets Next Week and a lot of open questions: Taper? Not Yet? How Much? Good: Market and leading stocks acting well China said its exports rose by 7.2% in August, topping estimates for a 6% gain. Read here US consumer credit growth rose at a 4.4% annual rate in July expanding by $10.4…
Not just in life but a lot of this applies to trading/investing: The Seven Step Process for Setting and Achieving Your Goals First, decide exactly what you want in each area of your life. Be specific! Second, write it down, clearly and in detail. Third, set a specific deadline. If it is a large goal,…
9 Countries And Their Tumultuous Experiences With Deleveraging AUG. 27, 2013, 12:47 PM As China engages with its credit problem, Morgan Stanley’s Jonathan Garner asks in a new note, “Can China achieve a ‘beautiful’ deleveraging?””This phrase was first coined – by Ray Dalio of Bridgewater Associates – to describe a process whereby a country brings…
6 Steps of the Scientific Method Get Powerful Ideas DIRECTLY TO YOUR INBOX Does this help improve your investment approach? The scientific method is a way to ask and answer scientific questions by making observations and doing experiments. The steps of the scientific method are to: Ask a Question – Should…
The Lovely: Another shallow pullback for the major averages (so far) Good: Stocks refuse to fall- Another shallow pullback (so far) for the major averages while leaders act strong and break out Merger & Acquisition news picked up. Several multi-billion deals announced: Microsoft (MSFT) & Nokia (NOK), Verizon (VZ) & Vodafone (VOD) &…
By Dave Kerpen Jan 2013: Being likeable will help you in your job, business, relationships, and life. I interviewed dozens of successful business leaders for my last book, to determine what made them so likeable and their companies so successful. All of the concepts are simple, and yet, perhaps in the name of revenues or the…
WANT MORE? GET POWERFUL IDEAS & MARKET INSIGHTS DELIVERED DIRECTLY TO YOUR INBOX 10 Quotes from Albert Einstein “Any intelligent fool can make things bigger, more complex, and more violent. It takes a touch of genius — and a lot of courage — to move in the opposite direction.” “Imagination is more important…