Sunday, August 21, 2011

Amidst Market Meltdown: The Phisix-ASEAN Divergence Dynamics Holds

›
The global financial markets and the local equity market have, so far, been confirming my divergence theory. There are two implications: ...

Applying Emotional Intelligence to the Boom Bust Cycle

›
One of the myths perpetuated by those who can’t explain the behavior of markets is to resort to the “emotions” fallacy. A good example as ...
Saturday, August 20, 2011

The Zombie Political Economy

›
The welfare state breeds and fosters violence. Daily Reckoning’s Bill Bonner explains , (bold emphasis mine) In economic terms, a zom...

The Policy Making Moral Hazard: The Bailout Mentality

›
To give you an example how the ‘Bernanke Put’ or the ‘Bernanke doctrine’ has worked to ingrain the psychology of moral hazard to the Financi...
Friday, August 19, 2011

Japan's Minister Calls for More Inflationism to Stem Global Market Crash

›
Here we go again. Crashing markets has prompted policymakers to make “assurances” to the public. From Bloomberg , (bold emphasis mine) ...

Video: Steve Horwitz on the Real Cost of Living

›
Increasing productivity (measured in labor time spent to buy specific goods or services) and widespread technological innovation which has b...

Confessions of an Econometrician

›
From FIN Alternatives (bold emphasis added) A co-founder of Long-Term Capital Management said that the legendary collapsed hedge fund’...

US Federal Reserve Acts on Concerns over Europe’s Funding Problems

›
The whack a mole strategy being applied by officials of crisis stricken doesn’t seem to work. Now the US officials are getting increasingl...

Record Gold Prices and Bond Spreads Point to Stagflation

›
Amidst last night’s second chapter of this year’s global stock market rout, GOLD prices has spiked anew to record highs breaking above the $...
Thursday, August 18, 2011

China Takes Steps to Relax Currency Controls

›
Amidst the political demand for higher taxes, more government spending, bailouts and centralization schemes by the US and Europe, China seem...

Quote of the Day: Gold Standard from the Fringes to the Mainstream

›
The gold standard once thought as a ‘barbaric relic’, is like the proverbial phoenix rising from the ashes. When the gold standard has bee...

How Tax Policies Affect Investments

›
From Steven M. Davidoff at the New York Times (bold emphasis mine) Apple has a cash problem. It’s not just that Apple has too much cas...
Wednesday, August 17, 2011

Archeological Findings: The Origin of the State: War

›
Sociologist Franz Oppenheimer theorized that the state was born out of war. From Mr. Oppenheimer The State, completely in its genesis...