Author Archives: Dr. Anthony B. Sanders

This Friday, Chairman Bernanke will address the attendees at the conference at Jackson Hole. The question is … what will he say?

Let’s start with the evidence. The M1 Money Multiplier has collapse and M2 Money Velocity is looking peevish as well. Thus, increasing the money supply will be ineffective since banks are still nervous about lending to consumers. Continue reading →

As Treasury Secretary Geithner prepares to leave office, he has the notorious distinction of being the worst Treasury Secretary in the history of the United States, at least in terms as presiding over the outrageous growth of Federal debt.
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The Case-Shiller 20 city index sparked hope for the housing market recovery. It was actually UP for the first time in months (+0.7 NSA, but -0.1% SA). Of course, one good month doesn’t make a rally – we need at least 3-6 consecutive months for there to be a sustainable recovery. But before we get all excited, let’s look at GDP growth. Continue reading →