tag:blogger.com,1999:blog-68294498367797478052026-02-23T15:55:58.970-08:00Trading Journal of an Investment Junkymchristy363http://www.blogger.com/profile/10275894128996406878noreply@blogger.comBlogger290514tag:blogger.com,1999:blog-6829449836779747805.post-86225690911509610342014-09-23T06:35:00.001-07:002014-09-23T06:35:02.781-07:00GDP is Waste
By Charles Hugh Smith
Any system that has no way to measure, much less prioritize, opportunity costs and maximization of utility is not just flawed--it is terribly misguided and structurally destructive.
We're told the gross domestic product (GDP) measures growth, but what it really measures is waste: capital, labor and resources squandered in quixotic pursuit of waste masquerading as "mchristy363http://www.blogger.com/profile/10275894128996406878noreply@blogger.com0tag:blogger.com,1999:blog-6829449836779747805.post-90239969628515368312014-09-17T09:31:00.005-07:002014-09-17T09:31:48.902-07:00A History Of Money & Banking In the United States- Part 1
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ga.src = ('https:' == document.location.protocolmchristy363http://www.blogger.com/profile/10275894128996406878noreply@blogger.com0tag:blogger.com,1999:blog-6829449836779747805.post-7120339184696092782014-09-17T09:23:00.002-07:002014-09-17T09:23:25.627-07:00Watch the Canadian Dollar
I would not jump out on a limb here and make any grand prognostication or hard call here, as everything may change come this afternoon. That said, we are seeing some interesting trading dynamics in the Canadian Dollar, represented here by the Currency Shares Trust- FXC. Lets look at the chart-
What is interesting here is that despite the Euro, the yen, and the pound all breaking down below mchristy363http://www.blogger.com/profile/10275894128996406878noreply@blogger.com0tag:blogger.com,1999:blog-6829449836779747805.post-23551527906066077482014-09-17T08:58:00.001-07:002014-09-17T08:58:31.886-07:00The Fed Has A Big Surprise Waiting For You
from The Automatic Earth
The topic of potential interest rate hikes by central banks is no
longer ever far from any serious mind interested in finance. Still, the
consensus remains that it will take a while longer, it will take place
in a very gradual fashion, and it will all be telegraphed through
forward guidance to anyone who feels they have a need or a right to
know. Sounds like mchristy363http://www.blogger.com/profile/10275894128996406878noreply@blogger.com0