thestatedtruth.com | September 11, 2013
Pay attention everybody, there will be a quiz on this….Stanley Druckenmiller (one of the most successful money managers of all time) addresses key issues for the U.S. economy going forward. Here are a few snip-its. On what he is most uncomfortable about: “Let’s first set the table and looking at what is going on in the last […]
thestatedtruth.com | May 14, 2011
Haven’t  heard much from legendary investor Stanley Druckenmiller since last August when he decided to shut down his Duquesne Capital hedge fund (Druckenmiller rarely does interviews). Until now that is! He joins PIMCO on a crusade against the Fed and thinks that U.S. debt is soaring out of control…..the timing couldn’t be better! From the WSJ:“Mr. […]
thestatedtruth.com | March 22, 2011
The United States is on a fiscal path towards insolvency and policymakers are at a “tipping point,” according to Dallas Federal Reserve Bank President Richard Fisher. “If we continue down on the path on which the fiscal authorities put us, we will become insolvent, the question is when,” Dallas Federal Reserve Bank President Richard Fisher said in […]
thestatedtruth.com | March 12, 2011
This will continue until the stimulus stops, at that point everything will change, and not for the better! So, eyes on the road everybody. New guidance should be coming soon from the Federal Reserve.
thestatedtruth.com | November 23, 2010
So, the talking heads are pressing up U.S.  growth prospects while the Fed gets more worried. Hmm…… From The Wall Street Journal Fed officials downgraded their assessment of the economy at a November meeting as they debated the benefits and costs of bond purchases, minutes showed. Fed officials downgraded their growth projection to between 3% […]
thestatedtruth.com | September 8, 2010
The Federal Reserve said the U.S. economy maintained its expansion while showing “widespread signs of a deceleration†in mid-July through the end of August, according to a survey by 12 regional Fed banks. The New York Fed reported “signs of decelerating†in the district, including “further deceleration†in manufacturing. The Philadelphia region said business conditions […]
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