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The Amnesia in Financial Markets
On a wet, blustery Saturday night in Manhattan in mid-October, perfect for a movie at home, Blockbuster ( BBI - news - people ) ought to have been enjoying one of its better nights. But only four people were riffling through the shelves at the 56th Street store--and it would have been three ...
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IHB News 10-31-2009
Irvine Housing Blog — ...   The Amnesia in Financial Markets Forbes - Bernard Condon - ‎3 hours ago‎ ...

Bianco on Fed Action
The Big Picture — ... is very little, if any, investment buying. In my view, we are seeing a mini-bubble in the stock market, fueled by ZIRP, the “zero interest rate policy” of the Fed. Bubbles eventually lead to pain and tears, although they usually last longer than even the bulls expected. However, right now, all the professionals think they can be the first ones out of the exit. They thought the same in 2007 and 2008. And we know how that ended. Do you think you can exit in time? Forbes - The Amnesia in Financial Markets A surfeit of money has led ...

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