The Undollar Digest

Risk #3

Doug Noland 08/31/2012 www.prudentbear.com

“Those betting on the power of the policymaker market backstop have been rewarded and emboldened. What if it doesn’t work? What if policymakers have prodded everyone to one side of the boat – and then it tips? Is policymaking bolstering stability or, rather, exacerbating instability?”
August 30 – Bloomberg (Mark Deen): “Yale University professor [...]


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