Author Archive
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A Look at the “Recovery”
fxretracer, Joshua Stone | December 18th, 2009 at 1:12 pm
Is the recovery for real? That is the biggest question of the year for many people. Looking back on 2009, it was quite a year. It did not offer up as much historic volatility in the markets that 2008 did, but behind the scenes the monetary policy of the country was something of an epic story. Needless to say it appears that the Bernanke School of Injection has been beneficial for Wall Street. The problems are how long will it be before Main Street benefits, and will Bernanke be able to pull back on monetary support for the system via low interest rates and TARP programs without the recovering economy triggering inflation. How long before the Main Street recovery catches up with the Wall Street rebound? Or will the rebound turn out to be just a cyclical rally in a larger down cycle like some analyst say, leaving the catch up of the real economy lost in a quagmire of fallout from a vanishing fortune in securities. The other three problems that are much bigger and really more important in the long run: will the politicians do anything about the small business credit availability, the debt and energy problems?
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Recessionary Rally
fxretracer, Joshua Stone | November 17th, 2009 at 8:40 am The Dollar is increasingly frowned upon as a world reserve. As of Oct 6th gold surged to new highs. This was helped by the global meetings to talk about creating a new reserve currency not pegged to the dollar. But this comes as no surprise to those following my blog or those paying attention to the “recovery”.
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Analyst Look for Pent Up Consumer Demand to Sustain Recovery:
fxretracer, Joshua Stone | September 10th, 2009 at 8:09 am I heard an analyst say something profound this summer: don’t miss the market. Clearly the equity bears have done just that this summer. The question is why the market has shrugged off the bad fundamentals so many have pointed out this year.
