Capital Flight & the US
Andrew Wilkow and I had an interesting discussion on his show Thursday about the global flight of capital. I want to address this on the blog and explain why it’s relevant to all of us. ....
Month: April 2013
Stocks, Gold & the Economy
I've received several emails lately that cite the stock market's recent surge as evidence of the long awaited economic rebound. Is this a valid argument? Not necessarily...Here's why. Stock prices are based on a number ....
A Global Currency Devaluation
The Bank of Japan followed the US Federal Reserve and other central banks, unveiling its own package of easy-money policies on Thursday. By doubling its holdings of government bonds and the amount of yen circulating ....