Elliott Wave International - Expert Financial Market Forecasting

Pennies on the Dollar
In 2009, the U.S. will post a current account deficit of more the $1 trillion. Is that a sustainable capital structure?

by Bill Fox, Senior Bonds Analyst
2/10/2009 4:00:00 PM

Ten billion dollars per day. A staggering figure, but what could it possibly be? The amount of money spent between the TARP, TALF and other alphabet soup of bailout programs? No. The amount needed to spend the proposed stimulus package? No. The amount of asset value lost everyday in the stock market in 2008? Still cold, so I’ll tell you...

Filed Under: tarp, stimulus package, account deficit, u.s. dollar, deflation, depression
Category: Economy

Let's Look At the Treasury Department's Investing Skills
"Is the public receiving a fair deal?"

by Robert Folsom
2/6/2009 5:15:00 PM

Given that Henry Paulson had been the CEO of Goldman Sachs, one would suppose that he knows something about how to price financial assets. Even so, the Oversight Panel decided to check Paulson's math anyway: they hired a top international evaluations "to perform the evaluation"...

Filed Under: bailout, deflation, tarp
Category: Economy

Pick Your Poison: U.S. Debt or U.S. Dollar?
Focusing on "rejuvenating debt" means misunderstanding deflation.

by Bill Fox, Senior Bonds Analyst
2/3/2009 4:45:00 PM

The common assumption these days is that if only we can support deflating values of housing and other assets – even if artificially, for a time – then we can stop the broader deflation. Yet, despite trillions of dollars going into bailouts and stimuli, banks remain undercapitalized, and the depth of systemic risk remains underestimated and misunderstood. What should the U.S. Treasury focus on instead? Here is one answer...

Filed Under: Bill gross, pimco, tarp, deflation, peak credit, dollar
Category: Economy

Pennies on the Dollar In 2009, the U.S. will post a current account deficit of more the $1 trillion. Is that a sustainable capital structure?

Let's Look At the Treasury Department's Investing Skills "Is the public receiving a fair deal?"

Pick Your Poison: U.S. Debt or U.S. Dollar? Focusing on "rejuvenating debt" means misunderstanding deflation.

Pennies on the Dollar
In 2009, the U.S. will post a current account deficit of more the $1 trillion. Is that a sustainable capital structure?

Let's Look At the Treasury Department's Investing Skills
"Is the public receiving a fair deal?"

Pick Your Poison: U.S. Debt or U.S. Dollar?
Focusing on "rejuvenating debt" means misunderstanding deflation.