Yesterday the media got all bulled up over the Fed’s new data on household wealth showing that it hit a record in the fourth quarter of 2013. As usual…
Russ Winter asks Lee Adler what he thinks the next Fed taper means for the market. Lee describes the 700 Pound Gorrillas Market Theory.
In this regular Radio Free Wall Street podcast for subscribers, Russ Winter explains the Ukrainian crisis, and what it may mean for the markets. Lee Adler tells why he remains bullish. Subscribers may click here to download the complete podcast…
In this regular Radio Free Wall Street podcast for subscribers, Russ Winter and Lee Adler discuss gray state operations for disseminating propaganda while Lee adds his comments about central bank market interventions and what will cause the market’s likely directional…
In this regular Radio Free Wall Street podcast for subscribers, Russ Winter and Lee Adler discuss the surprising strength of stocks in February, what’s behind it, and what’s likely to lie ahead. It’s a scary picture. Subscribers may click here…
Found in China.
Last week, the Wall Street Journal highlighted a Federal Reserve report on total household net worth. Surprise! Americans are richer than ever before, both in nominal and real terms. At the same time, though, wealth inequality is increasing from its already Gilded Era levels.
The disappearance in the Gulf of Thailand of Malaysia Airlines Flight 370 to Beijing, China after 2 hours 5 minutes of normal flight may have the trademarks of a terrorist attack against China by Al Qaeda.
Here is a chart showing the number of transactions that involve acquisitions of an asset management business by year. It tells us about a couple of trends developing in recent y Banks have stopped acquiring asset management businesses. In fact what the chart doesn’t tell us is that banks have been actively selling their asset management businesses
Monetary policy can be implemented through outright purchases or sales of securities, which permanently changes the size of the Federal Reserve’s System Open Market Account (SOMA) portfolio.
Rather than attempt to reduce a very complex system to a cartoonish “explanation” of events, we would be better served by seeking out the geopolitical linchpins.
Found in Kanazawa, Japan.
Russia continues to move ahead with their military and political plans for the Crimea. Support from China and India seal the deal.
In March of 2011 I had this to say about Puerto Rico and its muni bonds: The weather is great. The beaches are beautiful. The food is good and the drinks are better. The bonds, on the other hand,don’t get on my “buy” list.