Home > Daily Reading on the Financial Markets, Financial Ponzi, investing, Stock Market > Daily Reading on the Financial Markets: 8/26/11

Daily Reading on the Financial Markets: 8/26/11

Doug Short provides excellent perspective in comparing the crash of 1907 to the crash of 2007.

Yves Smith of naked capitalism on Buffett’s purchase of Bank of America preferred shares.

Thomas Hoenig (KC Fed) says focus should be on fiscal, not monetary, policy.

The Humble Student of the Markets says we are range-bound until the end of the decade, due to demographics.

Plan B Economics notes that the gold bull market is likely to last as long as negative real interest rates do.

European banking woes are worsening, as Bank of Greece draws on emergency funding.  From Zero Hedge.

It’s been a bad, bad year, and an especially bad, bad, bad (-21%) month for John Paulson.

Just in case has a desperate feel for Monetary debate: Cullen Roche on MMT on Hyperinflation.

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  1. August 26, 2011 at 12:54 pm

    Seeing the Swiss intend to CHARGE rates for people holding CHF deposits. Literally negative interest rates…

    Didn’t know there was a new weapon against saving money. Yikes!

  2. August 26, 2011 at 3:34 pm

    Whatever it takes to get savers into risk assets, eh? can’t imagine how frustrating it must be to be an 80 year old lifelong saver in this environment. The Plan B Economics article is good about the correlative relationship between gold and negative real rates. No wonder gold continues to run.

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