Volcker Sends Warning Shot to Fed, Wall St, and DC Recommended
Posted by Larry Doyle on May 30th, 2013 9:27 AM |
In what can only be described as a Sense on Cents Instant Classic, perhaps the most highly respected chair in the history of the Federal Reserve, that being Paul Volcker, delivered a tremendous address yesterday at the Economic Club of New York.
For anybody who cares about the well being of our markets, our economy, and our nation, I strongly recommend you take a mere ten minutes to fully read and absorb the wisdom of Volcker’s words.
What are some of the highlights? (more…)
US Economy Contracts in 4Q/2012, Let’s Review
Posted by Larry Doyle on January 30th, 2013 9:44 AM |
The positive tone to the equity markets and other risk-based assets may provide a degree of cover to developments within the real economy but it cannot totally negate the fact that our nation’s economy continues to move along with all the speed of a pack mule.
In fact, Uncle Sam just reported that the old warhorse, that is our domestic economy, contracted in the 4th quarter of 2012 by 0.1%. Let’s navigate and take a harder look at what might be weighing us down. (more…)
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