The Early Bird for Investors — Provides a summary of the best commentary and pertinent news
This month’s Smart Bird ponders 1) whether traditional economic indicators matter with the financialization of the global economy 2) how the financial sphere’s co-opting of the instruments of power – to reinflate asset bubbles to save the financial system – has lead to the terminal phase… Read More ›
“Despite Kurodamania and record stock prices, I contend that the great global Credit Bubble has been pierced.” –Doug Noland What drives the stock market? In theory it is driven by the fundamentals of the economy, the business cycle, corporate earnings, interest rates, etc. … Read More ›
One of the assumptions that seems to be held as fact even by the best analyst is that the Central Banker’s objectives are simply maximum employment and stable prices. What is missing and inherent in every system is the objective of… Read More ›