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Notes From Underground: Inflation sets on the BRITISH empire
The inflation data released by the U.K. showed that CPI has increased to 4 percent. The largest price increase was in INK costs as Mervyn King had to pen another letter to the Chancellor of the...
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Notes From Underground: 40 YEARS AGO TODAY NIXON CLOSED THE GOLD WINDOW BUT...
Yes, 40 years ago that miscreant Machiavellian, Richard Nixon, took the U.S. off the GOLD EXCHANGE STANDARD and later in the year supposedly proclaimed that we are “ALL KEYNESIANS NOW.” Nixon learned...
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Notes From Underground: Examining the Theoretical Premise of Notes From...
ABSTRACT: A theoretical view of NOTES FROM UNDERGROUND is that the initial action of a flattening yield curve is BULLISH, or, most importantly, not BEARISH for a developed market currency for it...
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Notes From Underground: Policy Should Set Stock Prices. Imagine That
The ideas CNBC is spreading about the FISCAL CLIFF is just absurd. The addiction to higher stock prices has meant that a failure to get the equity market to rally due to falling off the “CLIFF”...
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Notes From Underground: You Will Learn To Live With Volatility
Last Wednesday, ECB President Mario Draghi warned the traders and investors in sovereign debt and other credit markets that great volatility would be the cornerstone of activity and the market would...
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