Thursday 4 November 2010



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"The Federal Reserve’s proposed policy of quantitative easing is a dangerous gamble with only a small potential upside benefit and substantial risks of creating asset bubbles that could destabilise the global economy. Although the US economy is weak and the outlook uncertain, QE is not the right remedy."  Martin Feldstein, Financial Times, November 3, 2010

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Commentary

Credit Bubble Bulletin

by Doug Noland | Oct 29

Just the Facts

World markets await next week's QE2 Announcement.

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The Bear's Lair

by Martin Hutchinson | Nov 1

Ten years of bearishness

If politicians and the Fed don’t behave themselves economically, the populace will probably replace them with some who will.

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Featured Commentary

by Peter Schiff | Oct 13

The Hail Mary

At a time when we should be trusting the markets to grind out three yards in a cloud of dust, we have put our faith in the Fed's ability to fling a Hail Mary pass, even though all previous attempts have failed.

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Guest Commentary

by Peter Schiff | Nov 3

Keep Your Head Above Dollar

If we board QE 2 (and QE 3 and QE 4), we are headed for icebergs called interest rate spikes and will surely drown in a sea of worthless Federal Reserve Notes.

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