Tag Archives: Deficits

The inimitable Kyle Bass

By | July 5, 2021

Here’s a December 2011 snapshot from the inimitable Kyle Bass http://watch.bnn.ca/the-street/december-2011/the-street-december-13-2011/#clip584882 (sorry no embed for that one) Here’s another treat. Must watch for everyone who enjoys not being lied to. Unlike all other cheap talking heads, and know-nothing pundits who merely need a suit to make an appearance on one of the TV’s financial comedy… Read More »

The Bernank on 60 Minutes yesterday

By | July 5, 2021

Bernanke’s statement that unemployment is the biggest impediment to economic recovery is ironic, given that Bernanke’s policies have increased unemployment. See this and this. Harry Blodget notes that Bernanke implied that inequality is destroying America. Tyler Durden hones in on Bernanke’s statements that the economic recovery may not be self-sustaining, and that the Fed may… Read More »

Fed’s Outright Treasury Debt Purchases May Top $300 Billion

By | July 5, 2021

“The Federal Reserve will likely reemerge as the biggest buyer of Treasuries when it resumes purchasing U.S. government securities today to prevent money from draining out of the financial system. JPMorgan Chase & Co. strategists estimate the Fed will buy about $284 billion in Treasuries over the next year, or more than the combined purchases… Read More »

The 60-Second Guide To Everything You Need To Know About Oil, Gold, Bonds, China, And Stocks In 2010

By | July 5, 2021

While some forecasters aim to continue their winning streaks, others hope to salvage their reputations in 2010. Yet from Goldman’s giant interest rate call to Marc Faber’s ultimate contrarian bet, competitive market forecasting is really just a giant game of chicken. Key prognosticators are paid to take their stand, then defend it incessantly without blinking.… Read More »

Who do you believe?

By | July 5, 2021

New York University professor Nouriel Roubini Investors worldwide are borrowing dollars to buy assets including equities and commodities, fueling “huge” bubbles that may spark another financial crisis, said New York University professor Nouriel Roubini. “We have the mother of all carry trades,” Roubini said via satellite to a conference in Cape Town, South Africa. “Everybody’s… Read More »