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Russia Under Attack: Letter from CEO of Genoil to CEO of JPMorgan Chase on US Foreign Policy Blowback

MishTalk

Even though Russia has yet to pull back from its aggressive posture in Ukraine, Mr. Obama denied that his policy has been ineffective, saying that his slow and steady course is better than the notion of “shooting first and thinking about it second.” We can, of course, stick to our guns and insist that “sanctions are having an effect”.

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Mish's Global Economic Trend Analysis: D.C. City Council Proposes.

MishTalk

it is government policies, not salaries that are the problem. Student loan programs (and of course education-related public unions) tell a similar story about out-of-control education costs. Blame the Fed and government policies for that problem, not Wal-Mart. December 2005 (38). November 2005 (18). July 2005 (27).

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8,500 Sq Ft Home Faces Wrecking Ball to Build 9,095 Sq Ft Home; 22,000 Sq Ft House Next on Tear-Down List

MishTalk

Saving the house is ridiculous, but so was building it in the first place, unless of course you have more money than you know what to do with. Listed for $11 million in June 2005. But this is what happens when Fed policies benefit the wealthy at the expense of everyone else. The house is damn ugly, at least in my opinion.

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Fed Balance Sheet vs. Stock Market; Will QE Cause Inflation?

MishTalk

With respect to monetary policy, the Fed has now pushed the size of the monetary base to over 20 cents per dollar of nominal GDP. This underscores the fact that reducing the pace of quantitative easing is not the same thing as raising the Fed’s policy rates. Yes - Fed policies ensure that outcome. US in a Minsky Bubble?

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Draghi Announces ECB Exit From Easing Remains Far Off

MishTalk

On our policy stance, let me say that its been accommodative in the past, it is accommodative in the present time and will stay accommodative for the foreseeable future," Draghi said. December 2005 (38). November 2005 (18). October 2005 (19). September 2005 (17). August 2005 (23). July 2005 (27).

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Message to 5.7 Million Truck Drivers "No Drivers Needed"

MishTalk

Ubiquitous, autonomous trucks are "close to inevitable," says Ted Scott, director of engineering and safety policy for the American Trucking Associations. "We Safety is why so-called "closed-course" uses, which keep automated trucks away from the public, are happening first. Jon : Of course trucking companies are excited about this.

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Treasury Yields Surge Following Allegedly Good Data

MishTalk

Federal Reserve Chairman Ben Bernanke on Wednesday admitted there has been some confusion as the central bank has tried to explain plans to scale back its stimulus policies, but said he thought financial markets were “beginning to understand our message.” But, he emphasized, the Fed was not on a “preset course.”

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