Archive for April, 2008

Some Truth about Money

April 9, 2008

A lot of times the best pieces of commentary or analysis appear at the end of each year on newspapers or magazines. Those are the times when people (wise people) spend some time to look back and reckon what has happened for what reason…
The last piece of Jonathan Clements’, a Wall Street Journal columnist—his parting [...]

Another Chapter about the Fed

April 2, 2008

 
I have been scratching my head trying to figure out what has happened to the financial market and what are the implications of the Federal Reserve’s actions since the housing market in the US started to crack and a chain of derivatives of debt instruments were collapsed. It is probably one of the best real-life [...]