Financial Markets

“If you add up all the benefits, it’s really astonishing,” the New York senator and former first lady said, citing one study

Wealth cannot be created by means of loose monetary policy.

The sham of socially responsible investing (SRI) is exposed in a recent New York Times

Though western central banks have not been printing nearly as fast as their Zimbabwe counterpart, they do have a long history of increasing the money supply. It forces one to ask how much of the growth in Western stock markets over the preceding twenty-five years has been created by a vastly increasing money supply, and how much is due to actual wealth creation.

A correspondent on the LRC blog refers to the

Bob Greifeld, the President and CEO of Nasdaq, was once a great critic of Sarbanes-Oxley (SOX), citing the anti-competitive drag that SOX helped to

Short sellers are no more self-interested than others in financial markets. They improve the information incorporated in market prices that we all rely on to improve social coordination, as we seek to make the best of a world of unavoidable scarcity.

I have been covering the emerging trend of central banks “investing” their accumulated forex reserves in equity markets.

The department of some firms will do anything for a buck:

To conclude then, as long as the pool of real funding available to Americans is still growing, and as long as the growth momentum of liquidity is heading up, US financial markets will remain well supported regardless of the yen carry trade.