The central bank of the U.S. is preparing to end QE3 based on the notion that our economy is gaining strength so there will be enough demand for our debt to ensure the end of QE3 will not create a spike in interest rates while at the same time a significant minority in our Congress is encouraging that we default
After a back injury forced him to re-evaluate his Olympic dreams, Ben Davies found a new thrill in the competition of trading. Now
managing a long-only gold fund, he strives to protect investors’ wealth while advocating for free market reforms around the globe.
The first thing we can conclude is perhaps the stock market is not a good barometer of the overall economy. The deeper message, I think, is that we continue to live in a backwards world with misplaced priorities and illogical actions.
It’s the time of year for taking stock, making resolutions and then looking ahead to the next 12 months. Before turning the page on 2012 for good, we took a look back at our most popular stories of the year.
Menachem Sternberg has worked as an economist, academic, discretionary trader and systematic trader. We talk with Sternberg about markets, economic policy and the “new normal” market environment that has existed since the 2008 economic meltdown.