Imagining A Cruel World Where Everyone's "Too Something" To Fail

Josh Rosner of Graham Fisher testifies before a subcommittee of the House Financial Services committee today on why Dodd Frank has not ended too big to fail, but also has managed to entrench the megafirms’ advantaged position. Rosner provided Congressional testimony on this same topic in 2011, and deemed Dodd Frank’s plans for winding down systemically important firms to be unworkable. Rosner has good company here; the BIS and the international bank lobbying group the IIF reached the same conclusion.

By Investment Directions: Smoky the Bear’s fire indicator is pointing to “Danger!” To me, the stock market’s conditions are like a tinder-dry forest. While we cannot know if a spark will ignite a fire, we can beware and prepare for the possibility.

While inflation seems to be on everyone’s mind these days, misconceptions abound. Indeed, few concepts in economics are as misunderstood as inflation. This month I take a look at some common questions about inflation, and a few that I wish more people were asking. Is hyperinflation coming to the U.S.?

ByDavid Cretcher: The Federal Reserve has embarked on several rounds of Quantitative Easing hoping that increasing the bank reserves will help to stimulate the economy and lower unemployment. The critics of the program see this as "money printing" and fear it will backfire creating inflation or even hyperinflation within the economy. No matter the outcome of the Fed's actions, inflation is a risk that must be addressed in all retirement portfolios.

In a Pew Research Center survey, 88 percent of teenagers said they had witnessed "people being mean or cruel" online, and one in five admitted to having joined in on the cruelty. One in four said an online squabble resulted in a face-to-face argument or worse.

Inflation is back. There is no denying it now. Prices rose 3.7pc last month, well above the consensus forecast of 3.4pc and higher even than the Bank of England's prediction of a 3.6pc peak in the coming months.

As any great athlete will tell you, winning isn't accidental. It requires more than just planning and knowledge. You must also be able to get yourself into the right mental state to win, on cue, every time you "get on the field." Here's how: 1. See the Moments Coming

Yesterday’s rise in inflation (pdf) has led several people to claim that our problem is inflation, not deflation. I disagree.