Daily Reading on the Financial Markets: 3/19/12
Jim Quinn of Burning Platform with a scathing review of U.S. monetary policy and the America’s debt-strapped sheeple.
From PragCap, Jan Hatzius of Goldman thinks QE3 is still on its way.
Dallas Fed Head Richard Fisher insists otherwise, saying the system has all the liquidity it needs. Yes… but not all all wants.
Apple decides to put that cash to work in dividends and stock buybacks. Is that the same as confessing they’re out of growth ideas? At least on the scale necessary to burn through all that cash.