As previously announced in our podcast last week, Russ and I are taking this week off and will return on January 5. We extend the best of holiday wishes to you and your family and we thank you for your…
Monthly Archives: December 2010
War of Attrition
by Lee Adler • • 1 Comment
Lee Adler expounds on why the Fed doesn’t have market risk, but why it was the causa proxima of not only the 2008 stock market crash, but the economic panic that accompanied it. Given the Fed’s record of careening from…
Checkmate?
by Lee Adler • • 2 Comments
Lee Adler and Russ Winter argue about whether market risk is an issue for the Fed, then examine the issue of whether the bond market action suggests the Fed is checkmated. Subscribers, click player below (visible on Radio Free Wall…
The Bond Market, Kabuki Theater, and Ringing the Bell
by Lee Adler • • Comments Off on The Bond Market, Kabuki Theater, and Ringing the Bell
Lee Adler and Russ Winter discuss the atrocious performance of the bond market in the face of QE2, the financialization of copper, as well as what happens if the tax deal gets done, and what if it doesn’t. Lee suspects…
The Leaky Bucket, Trampoline, and Fundamental Disconnect
by Lee Adler • • 2 Comments
Lee Adler and Russ Winter discuss why the market has characteristics of both a trampoline and a leaky bucket. Russ illustrates and laments the disconnect between the fundamentals and the market action, calling it the worst he’s ever seen. He…