Thursday, September 26, 2013

The Fed: "Damned if they do, damned if they don't"

Where is the Money Growth?

Wednesday, September 18, 2013

How's the Economy REALLY doing? The Real Deal from Shadowstats

Commentaries by Date

• At An 18-Year Low, 2012 Real Median Household Income Was Below Levels Seen in 1968 through 1974
• 2012 Income Variance Hit Record High,Suggestive of Greater Financial and Economic Crises Ahead
• Systemic Instabilities That Led to 2008 Crisis Still Have to Be Worked Through
• Housing Starts Continued in Renewed Downturn or Stagnation

Made all the more poignant, and credible, by today's Fed decision to scotch tapering....

Only (a very, very few) hard money types got this one right; everyone else blindsided by Ben

The Taper That Wasn't