[vodpod id=Groupvideo.2654635&w=425&h=350&fv=] The Reformed Broker, AKA Sweet Georgia Brown, here with today’s Market Recap… Well we certainly couldn’t go up every day, guys! The pain was everywhere with the Dow off around 100, but it was felt the most in the inflation/ weak dollar/ China export sectors. Here’s the chalk outline at the 3:30 look: Worst…
Inflation
Dr. Doom on Hyperinflation
Many economists are scoffing at the potential for hyperinflation here in the United States as housing price declines, unemployment and auto sector weakness dominate the headlines. I don’t know if scoffing is the best idea right about now. I have frequently been discussing the possibility of hyperinflation both with clients and here on TRB. Earlier this month, I…
Rise of the Silver Surfer
I have a new sector, a new weapon in my arsenal, an area of the market that I’ve ignored for over 10 years due to the lack of quality pure-plays. I’ve been trading and investing in various gold ideas forever, but a lot has changed with the white metal, and now I’m happy to report…
Meltzer: Are We Tough Enough For The Coming Inflation Battle?
“No country facing enormous budget deficits, rapid growth in the money supply and the prospect of a sustained currency devaluation as we are has ever experienced deflation. These factors are harbingers of inflation.” Allan H. Meltzer, May 3rd 2009 In Allan Meltzer’s excellent New York Times op-ed piece from May 3rd, we are taken back…
When Its Time To Raise Rates, Will Bernanke Have The Stones?
An article in Bloomberg raises some very interesting questions and I though I’d open up the discussion on these three: 1. Since Bernanke has clearly chosen Keynes over Friedman, pumping in liquidity with the belief that inflation will be held in check, will this “end in tears” as Fed historian Dr. Allan Meltzer believes? 2. …
Fashion Meets Finance: Gold is THE Trend for Spring
If I’m on a flight and forget to bring my own reading material, I’ll pretty much read anything, even the ingredients on a candy bar wrapper. I recently resorted to sharing a nearby girl’s fashion magazine stash and about halfway through Cosmopolitan (don’t laugh), I noticed something interesting: Every fashion house on earth is doing…
