Home > Daily Reading on the Financial Markets, Financial Ponzi > Daily Reading on the Financial Markets: 8/31/12

Daily Reading on the Financial Markets: 8/31/12

Zero Hedge sums up today’s Fed reaction perfectly: buy the rumor, sell the news, then BTFD (though, ironically, we need more upside before this looks something other than “toppy” to me).

From PragCap, Li Zoujan (an economist from within China’s Bureacracy) believes its centrally-planned economy is a crisis in the making.

Behavioral Investing makes a case that the bond market is unquestionably in a bubble at the moment.

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