tag:blogger.com,1999:blog-6616959642391988608.post4393153169212244858..comments2024-03-28T00:18:25.641-07:00Comments on Calafia Beach Pundit: Global equities continue to recoverScott Grannishttp://www.blogger.com/profile/14028519647946868684noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-6616959642391988608.post-5145709061581740172013-05-02T11:35:00.269-07:002013-05-02T11:35:00.269-07:00Gene: thanks, that helps explain why the 2008 fina...Gene: thanks, that helps explain why the 2008 financial crisis had such a huge impact on the global economy. Scott Grannishttps://www.blogger.com/profile/14028519647946868684noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-78944491055232998222013-05-02T04:41:12.422-07:002013-05-02T04:41:12.422-07:00Scott, link is to article I encountered on May 2, ...Scott, link is to article I encountered on May 2, 2013, advocating that 'global networks' (including financial systems) must be redesigned:<br /><br />http://tinyurl.com/cq2hqsg<br />Gene Prescotthttps://www.blogger.com/profile/01749854994321888028noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-74614002513871946932013-05-01T22:25:29.916-07:002013-05-01T22:25:29.916-07:00Fed Open to Expanding QE as It Counters Talk of Ta...Fed Open to Expanding QE as It Counters Talk of Tapering<br /><br />Bloomberg - 1 hour ago <br /><br />Facing the risk of a fourth straight summertime slowdown, Federal Reserve officials raised the prospect of increasing the monthly pace of bond buying above $85 billion to guard against any slump in growth or employment.Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-62531531905890226342013-05-01T21:10:26.788-07:002013-05-01T21:10:26.788-07:00 focus of central banks is shifting to how they wi... focus of central banks is shifting to how they will exit Quantitative Easing, not whether they should do more--Scott Grannis.<br /><br />Not sure about that. The Fed is looking at sinking inflation as we speak, now down to 1 percent, and falling. Commodities are dead, wages are dead, unit labor costs are falling, employment growth very weak. <br /><br />Europe is dying. <br /><br />I think the Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-2473976821099738622013-05-01T09:38:24.779-07:002013-05-01T09:38:24.779-07:00Fundamentals under stock prices are solid but the ...Fundamentals under stock prices are solid but the same could have been said of most stocks prior to the sub-prime crash. The problem with stocks is that they are so liquid. When people panic and need to get liquid, they sell stocks. When Lehman's accounts got locked up in bankruptcy, hundreds of million of capital were off limits and people and firms had to find liquidity elsewhere, so Donny Baseballhttps://www.blogger.com/profile/08040288585224426073noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-59221612813665169932013-05-01T08:45:13.910-07:002013-05-01T08:45:13.910-07:00I think the thing really to be fretting about is w...I think the thing really to be fretting about is whether the Fed will reduce its flows.<br /><br />The structure of the economy requires constant flows. Reforms in Europe remain limited as they will in the U.S. Bigness and cronyism is a constant.<br /><br />Low interest rate and deficits are permanent as necessities under the current economic structure. There will be no Fed exit. They better Anonymousnoreply@blogger.com