| |
Would the real Peter and Paul please stand up?
|
"It is no secret that our quest is to find scarcity. But the scarce substance we prize above all else is trustworthiness. Aware that we worry too much in a world growing more wary and distrustful, it is here we place an increasing premium, here that we seek refuge from financial folly and here that we expect the next bull market."
Edelweiss Journal, Issue 12, 11 March 2013 , by Dylan Grice
|
Dispelling the myth of a great rotation
|
A popular current financial theme (witness Baron’s recent cover piece) is the so-called “great rotation” out of expensive US bonds and into comparatively cheap US equities. We are wary of a simplistic and massive rotation thesis. Why?
Lombard Odier Private Banking , Investment Strategy Bulletin, 07/03/2013
|
U.S. Manufacturing and the Importance of International Trade:
|
It’s Not What You Think
Federal Reserve Bank of St. Louis Review, January/February 2013 , Kevin L. Kliesen and John A. Tatom
|
Hyperinflations, Hysteria, and False Memories
|
To say that the printing of money by central banks to finance government deficits creates hyperinflations is far too simplistic (bordering on the simple-minded). Hyperinflation is not purely a monetary phenomenon. To claim that is to miss the root causes that underlie these extraordinary periods. It takes something much worse than simply printing money.
GMO, White Paper, February 2013 , James Montier
|
US dollars Monopoly
|
Quote
The Dance of the Dollar, Crossborder Capital, March 2013
|
USD relevance
|
Quote
The Dance of the Dollar, Crossborder Capital, March 2013
|
Market drought
|
Daily Speculations, March 14, 2013 , Jeff Watson
|
Race track and market ecology
|
Daily Speculations, March 14, 2013 , Jeff Watson
|
The "Big Five"
|
"...Lehman was a small player compared with any of the Big Five. If Lehman Brothers was too big for a private-sector solution while still a going concern, what can we infer about the Big Five...?"
Ending 'Too Big to Fail': A Proposal for Reform Before It's Too Late, January 16, 2013 , Richard W. Fisher, President and Chief Executive Officer, Federal Reserve Bank of Dallas
|
Currency Wars Or Just Approaching Dollar Strength?
|
The recent jump in forex volatility is understandable. A similar theme coloured the mid-to-late 1930s.
Crossborder Capital, 20 February 2013 , By Michael J. Howell
|
