…market, thereby distorting normal market forces and propping up bond prices for sure, and probably stock prices as well. Some people, although I am not one of them, think that…
…as if they were high volatility periods, people will get understandably upset when high volatility period really arrives. It’s like the boy who cries wolf: don’t do it when there’s…
…doesn’t happen, mostly by requiring that banks hold reserves that serve as a cushion against loan losses. As you might imagine, banks don’t want larger reserves because their profitability increases…
…a chump compared to an entrepreneur that founded a dot-com and put his founder’s shares into a Roth IRA. This person, believed to be 39-year old Max Levchin of Yelp!,…
…recently that it will continue to go up. Momentum works with individual stocks when compared to other individual stocks (or bonds, or commodities or currencies), but it doesn’t really work…
…is the general decrease in the price of goods and services, which is the opposite of inflation (and is sometimes called negative inflation). It’s a terrible condition because falling prices…
…rose and bond prices fell in 2013, so it was all too easy to say that the trend would continue into 2014. Instead, interest rates fell and bond prices rose,…
…in the banking industry thought that forcing banks of all sizes to account for AOCI in regulatory capital was the best option, but proposals for changes were wide ranging. …
…the one that the Federal Reserve just finished. If the ECB does act, most investors expect that the euro would decline compared to other world currencies. That would make it…
…stiffed (and not the Germans). This protection highlights one of the key difficulties that the Europeans face: their underlying differences. In the US, we can say that Texans are different…
