All that we see or seem is but a dream within a dream. Edgar Allan Poe All things are subject to interpretation. Whichever interpretation prevails at a given time is a function of power not truth. Friedrich Nietzsche I was walking down the street wearing glasses when the prescription ran out. Steven Wright I think one of the [...]
The Wizard: I AM OZ...the Great and Powerful! Who are you? The Wizard: Pay no attention to that man behind the curtain! The Great Oz has spoken! Dorothy: How can you talk if you haven't got a brain? Scarecrow: I don't know. But some people without brains do an awful lot of talking, don't they? All lines from Frank Baum's [...]
For about three hours last Wednesday the goals of the Ben Bernanke led Fed were achieved when the NASDAQ market stopped trading due to a technical glitch. With no quotes available, investors were not able to sell - or buy - and the level of the NASDAQ market was stuck at a semi-permanent plateau. Finally, a way to unwind QE [...]
The investment committee at Alhambra has been very busy these past 2 weeks analyzing the current world economic situation. Europe sits idle; they are mired in a financial crisis and engrossed in a political chess match. The rest of the world watches the drama and prays for it to end. For, resolution could ignite global trade and put their current [...]
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