Dow Jones down 6% from its highs & falling fast. How much more will it fall before the Fed stops pretending the data supports a rate hike?
— Peter Schiff (@PeterSchiff) August 12, 2015
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- Aug. manuf. PMI unexpectedly fell to 52.9, the lowest level since Oct. 2013 and the biggest miss verses expectations in 2 years!
- To save the stock market while pretending the "recovery" in still on track, the #Fed used low oil prices as its excuse to turn more dovish.
- #janetYellen claims if the economy falters the Fed has the same tools it always had. Too bad printing money and buying bonds never worked!
- I wanted feedback on this idea.
- I will be on the @Benzinga #PreMarket Prep show tomorrow at 9 a.m. EST! Tune in here: http://bit.ly/1RXB5uD
- History and Prospects of Private Money - Lawrence H. White
- November report "Is it True, as David Hume (1711 – 1776) postulated that, "Nothing is esteemed a more certain sign of the flourishing conditions of any nation than the lowness of interest"?" published. https://bit.ly/2y4LJZQ
- Broken Windows
- @ArensTed 35% at the corporate level, then 24% on the same income at the personal level when paid as dividends.
- Discussion forum: The Continuing Relevance of Anthony de Jasay | by Christopher J. Coyne (Sept. 3, 2015)