(1) Druckenmiller and Warsh speak for the Dow Vigilantes. (2) Jerome, Virginia, and Santa. (3) Yield curve has a good track record excluding the false alarms. (4) Focusing on bank net interest margin. (5) No credit crunch in banking sector. (6) Capital spending is at a record high despite record buybacks plus dividends. (7) Net bond borrowing by nonfinancial corporations is falling fast. (8) Fed vice chair is a folk-rock singer and about to take the Fed on a magical mystery tour of monetary policy. (9) Alternative ways to target inflation under Fed consideration.
End of free preview
Ed's complete analysis, every chart linked, and the archive back to 2009.
Individual investor? Ed's QuickTakes are available for personal use at yardeniquicktakes.com →