Busted – Trade of the Decade

One of the popular pontifications in the online financial world is the “Trade of the Decade” that is published by a well known financial newsletter company.  The most recent version of this came on January 4th, 2010 with advice to buy Japanese stocks and...

Monetary Policy Mistakes of the Fed

One of the primary monetary news items to note as 2010 draws to a close is the announcement of more ‘quantitative easing’ by the Federal Reserve . In plain terms, this means that the Fed will purchase treasuries on the open market. This will have the effect of...