Latest Posts by ronbowlens - Page 10

A few days ago we noted a major Senate demand of the Treasury Secretary that foreign nations’ currency manipulations should be punished (supported by American Manufacturers Associations). Today we find out that Eric Holder and his DoJ crew have found that nine Japanese car parts makers have colluded to raise prices. As part of the scheme, more than $5 billion in auto parts were sold to U.S. car manufacturers and installed in cars sold in the United States and elsewhere. The companies will pay more than $1.6bn in criminal fines. Seems like a small price to pay for the Japan being allowed to devalue its currency boosting its own car exports?

Continued

As we warned two weeks ago in “Bernanke’s Helicopter is Warming Up”, it seems (from the Fed’s once uberhawk and now superduperdove Kocherlakota’s speech this morning) that the Fed is catching on as to what it needs to do. And what it has no choice but to do. Borrowing from the Europeans, Kocherlakota uttered those three special words:

KOCHERLAKOTA SAYS FED MUST DO “WHATEVER IT TAKES” TO AID GROWTH

Continued

Investments after the natural gas revolution.

Are you in Times Square today? Stop by the NASDAQ MarketSite on 43rd Street for some FREE Ice Cream courtesy of #Tumblr & #Coolhaus in celebration of #AdvertisingWeek2013! From 12:30 pm to 4:30 pm! #awx #tumblrcoolhaus

The Great Chicago Pizza Debate: Chicagoist just released its list for the Top 20 Best Pizzas in the Chicago Area, with Pizzeria Da Nella, Father and Sons Pizzeria and Cafe Luigi earning spots. Did your fave make the cut?

Asset Management

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