The Fed: “Nothing good goes on in this place”

Economist Bob Wenzel, who writes the excellent blog, Economic Policy Journal, was invited by the Fed to give a talk at the NY Federal Reserve Bank on April 25, 2012. He is an Austrian School economist and delivered a great speech on why they are doing everything wrong. Wenzel holds back [...]

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Turn The TV Off

“The S&P will continue to improve.”

“Lot’s of good buys here. Market rotation suggests industrials.”

“Don’t buy industrials.”

“Best Quarter since 1998.”

“There is a lot of risk going forward.”

“This wave is not over yet.”

The above chatter from CNBC on Friday [...]

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