BURNanke was clearly hoping for a good excuse to double QE so he could one up ABE - jobs number certainly was as good as any…too bad QE is dead, unmarketable and finished. Ben has to deal with insolvent US banks and bank runs…Funny, I thought BAC as in such good health that they were authorzed to buy their own shares back and pay dividends…YEAH RIGHT BEN!
I think ‘ll buy some DX dollar contracts.
MiB: Richard Thaler and Alex Imas on The Winner’s Curse
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This week, I speak with Richard Thaler and Alex Imas award winning
economists and co-authors of “The Winner’s Curse: Behavioral Economics
Anomalies...
11 hours ago
