The Knowledge Vault Newsletter Sign-up >>>

 

Posts Tagged ‘Wash Rinse Repeat’

A Liability for Every Asset

April 8th, 2013 by Kurt L. Smith

One of my strengths (and weaknesses) is that I was trained as an accountant.  Double entry accounting follows specific rules.  The rules of accounting, like other endeavors, do ebb and flow over time but Assets are always the sum of Liabilities and Equity. (more…)

Wash, Rinse, Repeat

March 8th, 2013 by Kurt L. Smith

Stocks are cheap!  Compared to Bonds, Stocks are cheap, but then again, everything is cheap compared to Bonds.  This is the narrative driving Stock prices to multi-year and even all-time highs. Enjoy while you can but this narrative has no legs, despite the desires of all the central banks on the planet. (more…)

NEWS FEED

The $247 trillion global debt bomb washingtonpost.com/opinions/the-2…