Economics and Investing:
U.S. Treasury Drops a Bombshell Yesterday: “Quicksilver Markets”. – P.K. o o o More QE= More money= More Debt= More Interest/Fee’s= More profit banks= More staff+bonuses= Bigger banks= Bigger fairy tales o o o Items from Mr. Econocobas: Goldman’s FOMC Post-Mortem – “More Dovish Than Expected” But Hike Coming In September– There is a lot of talk about bad things coming this fall. One thing is for sure, though; if any real rate hike did come in the fall, this economy that is built on cheap money would fall out of bed. Yellen Admits “Market Valuations Are On The High …