Monthly Archives: September 2009

More “Money on the Sidelines” Nonsense

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September 28, 2009
More “Money on the Sidelines” Nonsense

Barry Ritholtz jumps on one of my pet peeves, the whole “gobs of money on the sidelines” scam (silliness, nonsense or delusion work also) which constantly crops up in financial commentary. Folks, don’t fall for it. The stock market may rise or fall in coming months but “money on the sidelines” will not have...
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The Bailout May Need a Bailout

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September 27, 2009

Our government is now on the hook for trillions in mortgage loans, and traders are making money selling our government more debt. The problem is that the bailout just may be suffering losses that are leaving our government scrambling to shuffle the pea from cup to cup. From Heidi Moore: Look deeper, however, and the government...
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How Bad is the Employment Picture?

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September 27, 2009

From the New York Times: U.S. Job Seekers Exceed Openings by Record Ratio

Hat tip: The Big Picture

Whither Inflation?

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September 17, 2009

American Public Media’s Paddy Hirsch does a good job of breaking down the deflation and inflation risks we are facing. I think he ends up discussing the likely outcome. Deflation, or at least very low inflation, for the next 2-3 years followed by accelerating inflationary pressures for the next 5-7 years. Inflation from Marketplace...
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