Lance on Nov 17 2008 | Filed under: Economics, International Equities, Risk
Given the carnage in the banking sector overseas it seems pretty hard to justify the idea that people are too optimistic about any financial sector or group overall, but maybe markets still are? Let us forget the specific problems we have been discussing about European financials including them being even more leveraged than here in [...]
Lance on Jan 24 2008 | Filed under: Economics, Federal Reserve
Contra David Merkel, Amity Schlaes says a choice can be made, and Bernanke’s worry should be inflation.
Update: David left me a comment, so I am going to include it, and my response:
I’m not saying regulators won’t be forced to make a choice, or what that choice might be. My opinion on what should be done [...]
Wall Street Journal- Wealth Wall Street Journal Economic News Wall Street Journal-Market news Wall Street Journal-Hedge Funds Abnormal Returns