Home » Posts tagged 'market' (Page 2)

Tag Archives: market

Olduvai
Click on image to purchase

Content

Olduvai III: Catacylsm
Click on image to purchase

Post categories

Post Archives by Category

Futures Soar On Hope Central Planners Are Back In Control, China Rollercoaster Ends In The Red

July 28, 2015

Futures Soar On Hope Central Planners Are Back In Control, China Rollercoaster Ends In The Red For the first half an hour after China opened, things looked bleak: after opening down 5%, the Shanghai Composite staged a quick relief rally, then tumbled again. And then, just around 10pm Eastern, we saw acoordinated central bank intervention stepping […]

Continue Reading →

When Authorities “Own” the Market, The System Breaks Down: Here’s Why

July 27, 2015

When Authorities “Own” the Market, The System Breaks Down: Here’s Why Central planning asset purchases aimed at propping up prices destroy the essential price discovery needed by private investors. Panicked by the possibility of declines that undermine the official narrative that all is well, authorities the world over are purchasing assets like stocks, bonds and […]

Continue Reading →

The Government and the Currency

June 12, 2015

The Government and the Currency [Human Action (1949)] Reprinted from Mises.org Media of exchange and money are market phenomena. What makes a thing a medium of exchange or money is the conduct of parties to market transactions. An occasion for dealing with monetary problems appears to the authorities in the same way in which they concern themselves with […]

Continue Reading →

What We Learned over Dinner from a Swiss Central Banker

May 30, 2015

What We Learned over Dinner from a Swiss Central Banker Dear Diary, Today… what we learned over dinner from a surprisingly smart central banker. But first, to the markets… The Dow shot up 121 Dow points yesterday, recovering most of Tuesday’s slide. In a series of business meetings Tuesday and Wednesday, we explained why nobody but us is rooting for […]

Continue Reading →

Market Tops In! Why Buy-The-Dippers Can’t Get It Up

March 17, 2015

Market Tops In! Why Buy-The-Dippers Can’t Get It Up I am sure some chart reader can explain the S&P 500’s laborious struggle since September 2——the day it crossed the 2000 barrier—-as a classic “wall of worry”. But that event occurred nearly seven months ago and the market has dipped 15 times since then and has actually plunged six times […]

Continue Reading →

Failed Discipline, Failed Reforms and Grexit: Why the Euro Failed

February 17, 2015

Failed Discipline, Failed Reforms and Grexit: Why the Euro Failed There is no substitute for the discipline of a market that cannot be manipulated by political elites. It’s not that difficult to understand why the euro is doomed to fail. Given its structure, there is no other possible outcome but failure. Greece’s exit (Grexit) will simply […]

Continue Reading →

Home Economicus: An Endangered Species

February 12, 2015

Home Economicus: An Endangered Species The modern world is full of myths. I’m not talking about Greek legends or medieval lore, but the shared stories and constructs underpinning our beliefs and behaviours. We need myths—they help us understand and feel in control of our world—but when they blind us to reality, they can serve as […]

Continue Reading →

Moneyness: Robin Hood central banking

December 28, 2014

Moneyness: Robin Hood central banking. There were plenty of reports in the press this year accusing central banks of behaving like King John, stealing from the poor to help the rich. Rich people’s wealth tends to be geared towards holdings of stocks and bonds whereas the poor are more dependent on job income. By pushing […]

Continue Reading →

Post navigation

Newer posts →

Olduvai IV: Courage
Click on image to read excerpts

Olduvai II: Exodus
Click on image to purchase

Click on image to purchase @ FriesenPress