Hard hitting global and local news
Fed Minutes Show Majority Believe "Marginal Efficacy of QE Likely Declining"; Economy Turned the Corner? Inquiring minds are reading Minutes of the December 17-18 FOMC Meeting to see what the Fed is thinking
Hollande Wants to "Get Things Done" by Decree, Not by Passing Laws Via translation from Les Echos , inquiring minds may be interested to note Holland wants to "get things done" in 2014 by decree or order, not by passing laws. The first cabinet meeting of the year was held on Friday. François Hollande recalled the objective of reducing public deficits, without new taxes.
More here: Fund Flow Records Smashed: Equity Funds Get Record $352 Billion Inflow, Bond Funds Lose Record $86 Billion
A link about a new app by Hyundai got me thinking about Google Glass . What is Google Glass? Google Glass is a voice activated computer eye-wear system capable of many voice activated functions such as photography, videos, navigation (better than and easier to use than car GPS systems), hands-free internet, and automatic translation of menus in foreign languages.
See the article here: Saxo Bank Outrageous Predictions for 2014 Steen Jakobsen – My Comments
View the original here: Gold Flash Crash – Manipulation or Something Else?
CNN reports No green card?
Rounding out our trio of articles from today, please consider Still unclear exactly how QE eases conditions: Fed’s Dudley . Extensive research into massive asset-purchase programs has not yet clarified whether such policies ease financial conditions primarily as a signal to investors or more directly through private portfolios, an influential U.S.
