September 27th, 2009
Balancing Inflation and Growth Part 6 of 13
The woes of financial operators should not be overlooked, of course. There is a palpable risk that their pathology will lead to credit constriction that will, in turn, trigger an economic contraction. But thus far, the Cassandras on Wall Street, in the press and on the political campaign trails have had less to be glum about than they expectedor perhaps they had hoped for commodity trading strategy.
This is not to say that we are not at risk of encountering turbulence. Personally, I think the cruising speed of the U.S. economy has slowed considerably, and it is likely to remain subpar for the current and following quarter. Without getting into specific numbers, I will tell you that my growth forecast is one of the more bearish commodity trading platform among FOMC members. For someone like me, who has served on corporate boards and run a private company, it is not difficult to imagine managers being cautioned by their directors and consultants to batten down their hatches and run ever tighter ships at a time of gloomy news stories, dire predictions by respectable analysts and alarming rhetoric from public officials. While there is a risk the U.S. economy might sputter, I do not believe that mighty engine will stall. I have tremendous if the women and men who operate the private sector to overcome obstacles placed before them and keep the pistons of the economy pumping. You can lose a lot of money betting against the recuperative power of the American economy.
Financing
commodity future
Share and Enjoy:
These icons link to social bookmarking sites where readers can share and discover new web pages.
Tags: commodity future
Posted in Financing | No Comments »
September 20th, 2009
Balancing Inflation and Growth Part 2 of 13
When I finished, Alan looked down the table and said, President Fisher, was that Henry V? Yes, Mr. Chairman, I replied. I know Ive reached retirement age, said the ancient chairman. I went to high school with that guy.
Would that we could today enjoy commodity trading courses such levity from the days when SIVs, CDOs, ARS and SLARS and VRDOsor the R or the S words, as in recession and stagflation were not yet part of the polite lexicon of monetary circles. These are not the happiest of times. These are, to put it euphemistically, challenging times for central bankers. We are confronted with the twin evils of slower growth and higher inflation, while also having to fight a banging hangover that resulted from allowing financial intermediaries to party on too hard for too long.
The monetary policy and regulatory frameworks that commodity future trading system appeared to serve us so well in past decades are being stress-tested in ways that few dared imagine during that bucolic period when many were lulled into assuming things would be forever NICE, as Mervyn King so memorably put it. We know now that a Non-Inflationary Consistent Expansion is not the steady state of nature. Neither is the Great Moderation of both the economy and financial market volatility.
Financing
commodity options trading
Share and Enjoy:
These icons link to social bookmarking sites where readers can share and discover new web pages.
Tags: commodity options trading
Posted in Financing | No Comments »