Showing posts with label Art Cashin. Show all posts
Showing posts with label Art Cashin. Show all posts
Friday, June 24, 2016
Saturday, December 28, 2013
Monday, November 18, 2013
Sunday, October 13, 2013
Sunday, July 14, 2013
Friday, April 5, 2013
Monday, February 11, 2013
Tuesday, February 5, 2013
Wednesday, January 23, 2013
Art Cashin On The Only Sane Voice At The Fed
Any preconceptions of Fed omnipotence just circled the drain. Instead of acting like prudent central bankers, they merely thought and acted like hedge fund managers gone wrong, while the commercial bankers they should have reigned in before the financial crisis were going hog wild. Fisher appears to have been the only sane Fed governor.
http://www.zerohedge.com/news/2013-01-23/art-cashin-only-sane-voice-fed
http://www.zerohedge.com/news/2013-01-23/art-cashin-only-sane-voice-fed
Labels:
Art Cashin,
Fed,
Richard Fisher,
sane voice
Saturday, October 13, 2012
Thursday, December 29, 2011
Thursday, October 13, 2011
Art Cashin On The Most Important History Lesson Of The Last Century
This is why Weimar Republic's hyperinflation was much worse than America's Great Depression.
http://www.zerohedge.com/news/art-cashin-most-important-history-lesson-last-century
http://www.zerohedge.com/news/art-cashin-most-important-history-lesson-last-century
Labels:
Art Cashin,
German hyperinflation,
Weimar Republic
Saturday, August 7, 2010
Art Cashin: Fed is walking a tightrope
http://www.zerohedge.com/article/art-cashin-fed-walking-tightrope-hurricane-and-other-observations
While we are seeing the headline numbers are pretty bad, behind the headlines there are some equally disturbing numbers. The government, we are hearing, because of tight budgets, people are being asked to take 1, 2 or even 3 furloughs a week without pay. That's wage deflation, and that's gonna put a strain on things: consumers are going to hold back.
The layoff seem to be slowing because business was taking the other approach. If you want to stay working I am going to have to cut your salary and/or your benefits.
Small businesses account for 50% of our GDP, they account for 60% of new hiring. We are not seeing new hiring because small businesses are not buying into this. So the recovery has not hit main street yet. If you ask small businesses why aren't you borrowing, their answer is "send me a customer, don't send me credit."
We've had more and more signs of potential deflation and the Fed is terrified of that...They've got to come up with something inventive, something as they call it, 'new quantitative easing.' And yet that brings the concern if they do something that is dramatically different, will people say 'What do they know that we don't know? What is the big cause of this?' So the Fed is walking a tightrope in a hurricane and it's going to be tough."
Labels:
Art Cashin,
borrowing,
consumer,
credit,
Fed,
GDP,
quantitative easing,
small business,
unemployment,
wage deflation
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