Warren Buffett Reveals His Biggest Fear
Bloomberg’s David Westin spoke with Berkshire Hathaway Chairman Warren Buffett on his 87th birthday before his charity auction lunch at Smith & Wollensky’s in New York.
Bloomberg’s David Westin spoke with Berkshire Hathaway Chairman Warren Buffett on his 87th birthday before his charity auction lunch at Smith & Wollensky’s in New York.
Gold Reset To $10,000/oz Coming "By January 1, 2018" - Rickards
Authored by Michael Lebowitz via 720Global.com,
The amount of monetary stimulus increasingly imposed on the financial system creates false signals about the economy’s true growth rate, causing a vast misallocation of capital, impaired productivity and weakened economic activity.
To help quantify the amount of stimulus, please consider the graph below.
Data Courtesy: Federal Reserve
Federal Reserve (Fed) stimulus comes in two forms as shown above.
For today's stock market recap, see yesterday!
In a comedic case of deja vu, somebody flicked the "DUMP VIX, BUY NASDAQ" swicth at exactly the moment US equity markets opened...
Authored by Charles Hugh Smith via OfTwoMinds blog,
That's the problem with fragility: everything looks fine on the surface until a crisis applies pressure. Then the whole rickety contraption collapses in a heap..