Economics Archive

Why This Bull Market Could Be On Its Last Legs

Yesterday, the Federal Reserve decided to keep the federal funds rate at 0.25%-0.50%.  Since then, markets have soared as investors celebrate the continuation of easy money.  However, the Fed also fairly clearly telegraphed a rate ...
Posted by Greg Feirman  ·  No Comments »

Living On Borrowed Time

NOTE: Every week or two I wrote a Client Note for my clients. I post most but not all of the notes to my blog but with a time delay usually between 1 day and ...
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Keeping It Simple In 2015

NOTE: Every week or two I wrote a Client Note for my clients. I post most but not all of the notes to my blog but with a time delay usually between 1 day and ...
Posted by Greg Feirman  ·  No Comments »

Economics Professor James Galbraith: The Danger Posed By The Deficit Is “Zero”

May 13, 2010  ·  Category: Economics, Macro Economics
Also see "Galbraith: The Danger Posed By The Deficit Is "Zero"", Ezra Klein, The Washington Post Online, May 12 It is incredible how stupid some economics professors are.  On this subject also see: "Dumbass Ideas From Economists", ...
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Brooks: Economics Is An Art, Not A Science

March 26, 2010  ·  Category: Economics
Economics achieved coherence as a science by amputating most of human nature.  Now economists are starting with those parts of emotional life that they can count and model (the activities that make them economists).  But ...
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The Bulls Are Idiots

Last week, two prominent commentators came out with bullish pieces.  I was anxious to read them to measure the bullish case, but in the end I was unpersuaded. ***** The first piece was from Princeton Economist, and ...
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A Stab At Resolving The Inflation/Deflation Debate

September 26, 2009  ·  Category: China, Economics, Federal Reserve, Inflation, Japan
There is a great debate raging between students of monetary economics.  On the one hand, there are the deflationists who point to the massive deleveraging in the housing, mortgage, credit and stock markets.  The fall ...
Posted by Greg Feirman  ·  2 Comments »

Ken Fisher: We Need More Debt

September 21, 2009  ·  Category: Economics, The Investment Advice Business
Last week Ken Fisher went on TechTicker and said that the US is under-indebted and that more debt would actually be beneficial to the economy.  That's because our rate of return on assets is higher ...
Posted by Greg Feirman  ·  3 Comments »

SI: How Oversupply Killed The Baseball Card Industry

My sales from '88 to '92 were $10,000 to $13,000 a month, and the cost of goods was only $1,000 to $2,000 a month.  Then they started putting out so much product, raising the price ...
Posted by Greg Feirman  ·  1 Comment »

A Consensus Among Economists: The Recession Is Over

August 12, 2009  ·  Category: Economics, Market Commentary, Sentiment Analysis
26 of 45 economists who responded to a WSJ survey question conducted over the last few days said the recession is already over.  Another 12 believe it will end this month (August) or next.  Another 6 believe ...
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