Notable Statement Concerning Continued Monetary Stimulus

While I don’t necessarily agree with any or all parts of the following statement, released yesterday, from Financial Services Committee Chairman Jeb Hensarling (R-TX), I do think that it is notable, and as such should be recognized. Here is the statement, which is in response to continued monetary stimulus as announced in yesterday’s Federal Reserve FOMC Statement : …

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U.S. Dollar Decline – May 2, 2013 Update

U.S. Dollar weakness is a foremost concern of mine.  As such, I have extensively written about it.  I am very concerned that the actions being taken to “improve” our economic situation will dramatically weaken the Dollar.  Should the Dollar substantially decline from here, as I expect, the negative consequences will far outweigh any benefits.  The negative impact of a substantial …

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House Prices Reference Chart

As a reference for long-term house price index trends, below is a chart, updated with the most current data (through February, except for the Case-Shiller National Index, which is through December), from the CalculatedRisk blog post of April 30 titled “Real House Prices, Price-to-Rent Ratio, City Prices Relative to 2000” : (click on chart to …

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