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  - A Golden Boy On The Federal Reserve Board
at 2006-03-22 12:06:47
Compared to their counterparts in commercial banks Fed governors are a quite poorly paid lot with annual salaries in the very low six figures. All of the sitting governors can be called millionaires in terms of assets but the Federal Reserve Board's (FRB) true golden boy is Kevin Warsh whose combined assets with wife Jane Lauder are stated with a low end estimate of $65.8 million dollars and a hig


Source - http://prudentinvestor.blogspot.com/2006/03/golden-boy-on-federal-reserve-board....

  - Goldilocks?
at 2006-03-22 12:06:49
What do Hongkong, Jeddah, Moscow, Frankfurt, London, Vienna and New York have in common? Their share markets have all climbed to multi-year or even all-time highs!
Looking at stocks recent advances worldwide - Tokio being the exception after a strong start - the phrase of markets that love to 'climb a wall of worries' comes first to my mind. The global


Source - http://prudentinvestor.blogspot.com/2006/03/goldilocks.html

  - The Mogambo Guru On The Fed's Monetary Regime Of Inflationary Horror
at 2006-03-22 12:06:50
The Mogambo Guru is even angrier this week as normal. He is being outraged to see that excessive public spending will leave no other exit than higher inflation and fears that a breakdown of capitalism is imminent. In case you got infected with The Mogambo Guru's paranoia, put that pizza slice away. Read on to find out why.

  - Arab Central Banks Deal The Dollar Another Blow
at 2006-03-22 12:06:51
Like it or not but the Arabs have dealt another blow to the US dollar, benefitting the Euro which is again trading above $1.20. According to a story in the Independent the United Arab Emirates announced that they would switch 10% of their dollar holdings into Euros. Although the transaction volume of $2.3 billion looks tiny in comparison to daily forex turnover in excess of $1 trillion it is anoth


Source - http://prudentinvestor.blogspot.com/2006/03/arab-central-banks-deal-dollar-anoth...

  - Newsclips From This Day In 2016
at 2006-03-22 12:06:51
As the day is a bit light on news and I have no idea where markets will be heading tomorrow I dusted off the crystal ball and gazed 10 years into the future. Here are some news snippets from the future, forgive me if I may be wrong a few years here and there.
Beijing:
   
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