Cramer on End of QE Myths

Jim Cramer has a decent piece on the end of Quantitative Easing (QE). He calls on Wall Street pundits to apologize for their incorrect predictions.

Cramer breaks it down quite well into several specific predictions that went wrong. The basic idea under fire — The Federal Reserve was propping up the economy with QE, and the moment QE ended the economy would crash like a house of cards.

The economy ...

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Krugman & Fama – Sometimes Krugman is the Troll

Paul Krugman recently wrote a short post “Don’t Feed the Trolls,” in which he explains why he doesn’t continually respond to Niall Ferguson’s attacks. Basically Krugman says that continually responding to the attacks is a waste of time and serves to feed the other side.

Good point. Actually it is a great point. With all the mud slinging that goes on in the blogosphere, you really have to pick and choose what ...

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Some People Just Can’t Be Happy

No matter what happens, there always seems to be a catastrophe looming – at least in the minds of the financial media.

Now one of the big stories is the “exodus” from bond funds. The bond market has taken a hit this year with bond yields creeping up. The 10 year US treasury yield is now just under 3%.

The financial media is shouting about concerns of higher yields. Will ...

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Useless IPO Advice from Cramer

CNBC quotes Jim Cramer today in an article that is terribly misleading. Of course, their deluding journalism actually becomes dangerous when investors use it as a basis for investing real money.

Cramer is first quoted with the juicy stuff…how to make 30% in one day. If you invest in IPO’s and “If you nail it, if you get in on the right one, you can have gains of 20%, 30%, ...

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