With the fuel scare over the last week, we saw how a few people in power can shift peoples’ expectations radically and drive them in large numbers to take the same actions. In technical if graceless terms, we have seen how big players shift economic expectations to produce herding. Of […]
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BBC News – Stock markets rise on hopes of more US Fed stimulus
Via BBC News – Stock markets rise on hopes of more US Fed stimulus: Stock markets and gold prices have risen, while the dollar has fallen, as markets anticipate further stimulus measures by the US Federal Reserve. Compare to Roger Koppl’s Big Players and the Economic Theory of Expectations, which […]
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This post originally appeared on cobdencentre.org. Via FT.com / US / Economy & Fed – Fed signals pullback in liquidity supports, we learn: The Federal Reserve on Wednesday upgraded its assessment of the US economy and highlighted its intention to shut down most of its crisis-fighting liquidity facilities in early […]
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