Monthly Archives: June 2011

Got Cash?

Ecclesiastes 10:19 (NKJV) A feast is made for laughter, And wine makes merry; But money answers everything.   There has been a small flurry of posts off of James Montier’s piece on the virtues of cash.  I wrote a piece like it recently (not as comprehensive, but possessing brevity): Chasing Your Tail Risk. Like gold, […]

The War Against Savers

Today, Charles Rotblut, CFA who is the AAII Journal Editor wrote: Federal Reserve Chairman Ben Bernanke continues to be the enemy of savers. Yesterday, the Boston Red Sox fan reiterated his belief that interest rates should be kept at rock-bottom levels for an extended period of time. He views this as necessary in order to […]

Redacted Version of the June 2011 FOMC Statement

April 2011 June 2011 Comments Information received since the Federal Open Market Committee met in March indicates that the economic recovery is proceeding at a moderate pace Information received since the Federal Open Market Committee met in April indicates that the economic recovery is continuing at a moderate pace, though somewhat more slowly than the […]