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HomeMarketWatch: Don’t Fall Victim to QE Trap
Posted by Larry Doyle on January 13th, 2014 9:08 AM |
I have a commentary running today on MarketWatch that addresses some perils and potential pitfalls stemming from the tapering of the Fed’s quantitative easing.
4 Ways The Fed Taper Puts Your Money at Risk: Don’t Fall Victim to The Fed’s QE Trap
“I don’t know what they are, but I know where they are!”
I had to chuckle when a fellow trader with whom I worked uttered that remark about the markets in which he trafficked. In so many words, he was admitting that he focused almost entirely on daily flows and technical developments within his market sector, while paying little attention to the underlying fundamentals of the securities themselves.
Ignoring fundamentals is dangerous. (more…)
“Greatest Wall Street Backdoor Bailout of All Time”: Sense on Cents Instant Classic
Posted by Larry Doyle on November 12th, 2013 10:01 AM |
It is not often that, in the midst of my daily morning reads, my jaw drops and I am left aghast by a writer’s hard hitting delivery. While many an editorial and commentary dive into topics that I appreciate and find riveting, I do not often find a writer from inside the arena who freely and openly speaks his/her mind.
This morning I had just such a pleasure.
While America and the world have been force-fed the notion that the Federal Reserve’s quantitative easing programs have been the magic elixir nursing our economy back to health, Andrew Huszar has a decidedly different take.
Who is Huszar? Only a former Fed official responsible for executing a large part of the Fed’s bond buying. Currently a senior fellow at Rutgers Business School, Huszar gains immediate induction into the Sense on Cents Hall of Fame as he pulls no punches in delivering a knockout in this morning’s WSJ. He begins with an apology. It only gets better from there.
I can only say: I’m sorry, America. (more…)
