06-22-2018 05:46:20 PM -0700
06-22-2018 09:10:32 AM -0700
06-21-2018 04:10:41 PM -0700
06-21-2018 08:27:13 AM -0700
06-20-2018 09:04:40 AM -0700
It looks like you've previously blocked notifications. If you'd like to receive them, please update your browser permissions.
Desktop Notifications are  | 
Get instant alerts on your desktop.
Turn on desktop notifications?
Remind me later.


The China Syndrome/Bernanke's Blues

I like a good stock market rally as much as the next investor, but here's another sign that the Fed cut rates too much, too soon.

Inflation in China -- recently at 6.5% per month -- could, and very likely will, spill over onto our shores.

UPDATE: I forgot to say, Whenever a government freezes prices to contain inflation, it only delays the inevitable. And also makes it worse. Today's 6.5% inflation could easily top 10% or more tomorrow. Watch China closely. Watch China's labor market even more closely. It wouldn't take much more than a minor murmur in job creation to cause some sleepless nights in Beijing.