Jesse's Café Américain

“Modern tyranny is terror management. When the terrorist attack comes, remember that authoritarians exploit such events in order to consolidate power. The sudden disaster that requires the end of checks and balances, the dissolution of opposition parties, the suspension of freedom of expression, the right to a fair trial, and so on, is the oldest trick in the Hitlerian book. Do not fall for it.”
Timothy Snyder, On Tyranny

Showing posts with label Philly Fed. Show all posts
Showing posts with label Philly Fed. Show all posts
18 August 2011

SP 500 and NDX Futures Daily Charts - Worries About the Double Dip

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I noted yesterday that the failure to rally appeared a little ominous. Stresses in the European banking sector had worried of another Le...
21 April 2011

Stagflation Watch: Philly Fed Misses By a Mile

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I try not to react to a single month's number, and instead keep an eye on the trend. Still, the Philly Fed came in at 18.5 versus a c...
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