Latest USDA Reports: Still the Same The July round of USDA supply and demand numbers showed few surprises, maintaining the government’s bearish outlook as opposed to the far more bullish view held by the grain markets.展开全文
As Keynes famously observed, “you can’t push on a string”—quantitative easing is more likely to generate asset bubbles and currency turmoil than employment.[哈哈]展开全文
'As a means of stimulating business investment & household spending through easier credit, this [quantitative easing] has been like pouring water into a leaking conduit in the hope that some will dribble through.' [哈哈] [good] John Kay in Financial Times 🔗 网页链接展开全文
