Bernanke Won’t Come to Obama’s Rescue

Written by Gary North on June 19, 2012

It’s too late for the Federal Reserve to goose the economy upward in order to give Obama an edge in the November election. It turns out that the FED has not intervened often in the past to do anything to affect the outcome of a Presidential election. Arthur Burns probably did in 1972 to help […]

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The Myth of Debt De-Leveraging

Written by Gary North on February 29, 2012

We keep reading of a great de-leveraging that is taking place. Yet the figures say the opposite. Debt is racing higher. In the United States, total debt, not counting unfunded liabilities of Social Security and Medicare, is now about $53 trillion. It has risen by $3 trillion since 2008. Debt owed by private citizens is […]

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The Wal-Mart Indicator: Great for Wal-Mart, Bad for You

Written by Gary North on December 22, 2011

EWhen Wal-Mart’s stock is rising, it sends a signal. Most people do not understand this signal. This analyst does. . . . I recently co-hosted Bloomberg Rewind with Matt Miller and referenced the performance of Wal-Mart (NYSE:WMT)   relative to the broader stock market and the SPDR S&P Retail Index ETF (NAR:XRT)  . The main […]

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