As the Euro continues to melt like a piece of baklava left too long in the sun, once again the weekend papers are full of references to ‘quantitative easing.’ Just what does this marvelously enigmatic phrase mean, and why should anyone care?
Central banks typically reduce the price of money (the short term interest…Continue
Added by Orion Capital Management LLC on May 25, 2010 at 10:57am — No Comments
If you would like our periodic analysis of the economy and the global markets delivered directly to your Inbox, please visit http://www.orioncapitalmgmt.com/letters.html to sign up.…Continue
Added by Orion Capital Management LLC on May 14, 2010 at 2:00pm — No Comments
“Why is the market going up? The economy is in terrible shape!”…Continue
Added by Orion Capital Management LLC on May 3, 2010 at 12:00pm — No Comments