Jesse's Café Américain

"The more power a government has the more it can act arbitrarily according to the whims and desires of the elite, and the more it will make war on others and murder its foreign and domestic subjects. Power will achieve its murderous potential. It simply waits for an excuse, an event of some sort, an assassination, a massacre in a neighboring country, an attempted coup, a famine, or a natural disaster, to justify the beginning of murder en masse."
R. J. Rummel, Mass Murder and Genocide, 1994

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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