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David’s weekly update on the financial markets and economy
Many of my readers know that I am: (a) Reading every single book that comes out on the economic crisis of 2008, and (b) Reviewing every single credible book that comes out about the crisis of 2008, and (c) Writing my own book about the economic crisis of 2008 – one that I want to ...read this post
My ongoing series reviewing the major books written on the economic crisis of 2008 has hit an important stride. Some pivotal books on the subject have been released, or are nearing release, and I think more of the mechanical causes of the crisis are finally being discussed. Former Treasury Secretary, Hank Paulson, has ...read this post
The economic crisis has brought the standard emotion over the Federal Reserve to entirely new levels. I mean, if you thought people were opinionated about the central bank before the implosion of 2008, we are now in a whole new stratosphere. What is fascinating when analyzing the toxicity that exists over this issue ...read this post
(10) Greenspan’s Bubbles: The Age of Ignorance at the Federal Reserve – William Fleckenstein – Perhaps it was overkill, but if you read this short little book from one of my favorite hedge fund managers and do not come away keenly aware of the role Greenspan played in this economic mess, well, then you ought ...read this post