The Chairman of the Federal Reserve, Ben Bernanke, is due to speak in Jackson Hole, Wyoming, later today and according to some of the investment notes that I receive, he is expected to commit that central bank to a third round of credit creation from thin air, otherwise known in these mealy-mouthed days as "quantitative easing." There are doubters out there about the wisdom, or lack thereof, of this. We can of course expect the usual devotees of hard money to scoff at this, but what intrigues me is how some economists in the commercial world are hostile. Take this from Steen Jakobsen , chief economist at Denmark-based Saxo Bank:
Showing posts with label Economic. Show all posts
Showing posts with label Economic. Show all posts
When you are in a (Jackson) Hole, stop digging
About World Market
Kuoni, the luxury travel brand, has announced it is now represented by World Market Travel, a leading Independent travel agency in Bath.
The new relationship was officially announced at the launch event held in April at the elegant Roman Baths, where guests were treated to a tour of the museum followed by drinks, canapes, and a string quartet.
Chegg History
Oil rises to near $78 in Asia as trader eye Iran?s detention of 5 British sa...
Oil rises to near $78 as traders eye Iran tension SINGAPORE ? Oil prices rose to near $78 a barrel Tuesday in Asia as Iran's detention of five British sailors threatened to raise tensions between a major crude exporter and Western powers. Benchmark crude for January delivery was up 44 cents to $77.72 at late afternoon Singapore ... Read : Oil rises to near $78 in Asia as trader eye Iran's detention of 5 British sailors.
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