“I don’t see any reason to think we need a QE3. We’re in a soft patch today. We still have positive growth. I think expectations earlier this year were way too high, 3 percent or higher gross domestic product, I think we’re going to be in the span of 2-ish percent, 2 and a half percent for the entire year and the issues around QE2, it’s been telegraphed for months and months and we’ve seen interest rates down 60 basis points and the whole reason is investors are de-risking…they’re frightened of the world and all these issues we have in front of us.” Continue reading »
Quantitative Easing
Here are a bunch of things the Rochdale analyst had to say about the central bank and its policies in a recent note. Continue reading »
Greenlight Capital: Not Unlike The Way Charlie Sheen Must Feel 99.9% Of The Time, The Last Quarter Left Us A Bit ‘Confuzzled’
By Bess Levin
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Michael Steinhardt says yes. Continue reading »
Ben Bernanke is advised to watch out for any flying cups of coffee or suspicious-looking pies. Continue reading »
Very judge-y furry animals. Continue reading »