{"id":437585,"date":"2010-03-17T06:35:49","date_gmt":"2010-03-17T10:35:49","guid":{"rendered":"http:\/\/mortgagenewsclips.com\/2010\/03\/17\/trading-economy-and-markets-people-who-saw-it-coming-gold-etf-unwind-ditch-treasuries-inflation-myth-debt-to-gdp-china-double-dip-hollowing-jobless-era-inflation-magic-dollar-ok-blanket\/"},"modified":"2010-03-17T06:35:49","modified_gmt":"2010-03-17T10:35:49","slug":"trading-economy-and-markets-people-who-saw-it-coming-gold-etf-unwind-ditch-treasuries-inflation-myth-debt-to-gdp-china-double-dip-hollowing-jobless-era-inflation-magic-dollar-ok-blanket","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/437585","title":{"rendered":"Trading, Economy, and Markets: People Who Saw It Coming, Gold ETF Unwind, Ditch Treasuries, Inflation Myth, Debt to GDP, China Double Dip, Hollowing, Jobless Era, Inflation Magic, Dollar OK, Blanket"},"content":{"rendered":"<p><a href=\"http:\/\/billcoppedge.com\/\"><img loading=\"lazy\" decoding=\"async\" style=\"border-right-width: 0px; display: inline; border-top-width: 0px; border-bottom-width: 0px; border-left-width: 0px\" title=\"bill-coppedge-dec09-1\" border=\"0\" alt=\"bill-coppedge-dec09-1\" src=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/03\/billcoppedgedec09122.jpg\" width=\"87\" height=\"130\" \/><\/a> <a href=\"http:\/\/mortgagenewsclips.com\/\"><img loading=\"lazy\" decoding=\"async\" style=\"border-right-width: 0px; display: inline; border-top-width: 0px; border-bottom-width: 0px; border-left-width: 0px\" title=\"original content selection by MortgageNewsClips.com\" border=\"0\" alt=\"original content selection by MortgageNewsClips.com\" src=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/03\/originalcontentselectionbyMortgageNewsClips.com22.jpg\" width=\"303\" height=\"64\" \/><\/a> <\/p>\n<p>&#160;<\/p>\n<p><a href=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/03\/vanityfair.jpg\"><img loading=\"lazy\" decoding=\"async\" style=\"border-right-width: 0px; display: inline; border-top-width: 0px; border-bottom-width: 0px; border-left-width: 0px\" title=\"vanity-fair\" border=\"0\" alt=\"vanity-fair\" src=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/03\/vanityfair_thumb.jpg\" width=\"140\" height=\"41\" \/><\/a> + <a href=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/03\/bigpictureritholz.png\"><img loading=\"lazy\" decoding=\"async\" style=\"border-right-width: 0px; display: inline; border-top-width: 0px; border-bottom-width: 0px; border-left-width: 0px\" title=\"big-picture-ritholz\" border=\"0\" alt=\"big-picture-ritholz\" src=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/03\/bigpictureritholz_thumb.png\" width=\"67\" height=\"98\" \/><\/a> + <a href=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/03\/nyt4.png\"><img loading=\"lazy\" decoding=\"async\" style=\"border-right-width: 0px; display: inline; border-top-width: 0px; border-bottom-width: 0px; border-left-width: 0px\" title=\"nyt\" border=\"0\" alt=\"nyt\" src=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/03\/nyt_thumb4.png\" width=\"232\" height=\"41\" \/><\/a> <\/p>\n<p><strong>Michael Burry M.D. &#8211; the first person to discover the subprime short trade<\/strong> &#8211; This Vanity Fair article is long, fascinating, and a must read. &#8211; <a href=\"http:\/\/www.vanityfair.com\/business\/features\/2010\/04\/wall-street-excerpt-201004\">Vanity Fair<\/a> <\/p>\n<p>and    <br \/><strong>videos &#8211; here is the 60 Minutes piece on Michael Buerry<\/strong> &#8211; courtesy of <a href=\"http:\/\/www.ritholtz.com\/blog\/2010\/03\/60-minutes-michael-lewis-the-big-short\/\">Bary Ritholz&#8217;s Big Picture Blog<\/a> <\/p>\n<p>and    <br \/><strong>Book Review: Investors Who Saw Crisis Coming &#8211; &#8230;&#160; Michael Lewis\u2019s new book \u201cThe Big Short: Inside the Doomsday Machine.\u201d<\/strong> &#8230;l -&#160; <a href=\"http:\/\/dealbook.blogs.nytimes.com\/2010\/03\/15\/book-review-investors-who-saw-crisis-coming\/\">NYT Dealbook<\/a> <\/p>\n<p>&#8212;&#8212;&#8212;&#8212;<\/p>\n<p><a href=\"http:\/\/www.businessinsider.com\/gold-threatened-by-etf-overhang-2010-3\"><img loading=\"lazy\" decoding=\"async\" style=\"border-right-width: 0px; display: inline; border-top-width: 0px; border-bottom-width: 0px; border-left-width: 0px\" title=\"vf1\" border=\"0\" alt=\"vf1\" src=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/03\/vf1.png\" width=\"374\" height=\"294\" \/><\/a> <a href=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/03\/businessinsidermoneygame6.png\"><img loading=\"lazy\" decoding=\"async\" style=\"border-right-width: 0px; display: inline; border-top-width: 0px; border-bottom-width: 0px; border-left-width: 0px\" title=\"business-insider-money-game\" border=\"0\" alt=\"business-insider-money-game\" src=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/03\/businessinsidermoneygame_thumb6.png\" width=\"127\" height=\"67\" \/><\/a> <\/p>\n<p><strong>Credit Suisse: The Upcoming ETF Unwind Will Pummel Gold<\/strong> &#8211; Vincent Fernando, CFA &#8211; &#8211; <a href=\"http:\/\/www.businessinsider.com\/gold-threatened-by-etf-overhang-2010-3\">Money Game at Business Insider<\/a> <\/p>\n<p>and    <br \/><strong>video: Faber: Time To Ditch U.S. Treasuries &#8211;<\/strong> Vincent Fernando &#8211; Mr. Marc Faber is pounding the table hard, warning that investors should get out of U.S. bonds: &#8230; &#8211; <a href=\"http:\/\/www.businessinsider.com\/faber-time-to-ditch-us-treasuries-2010-3\">Money Game at Business Insider<\/a> <\/p>\n<p>&#8212;&#8212;&#8212;&#8212;<\/p>\n<p><a href=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/03\/newsweek.gif\"><img loading=\"lazy\" decoding=\"async\" style=\"border-right-width: 0px; display: inline; border-top-width: 0px; border-bottom-width: 0px; border-left-width: 0px\" title=\"newsweek\" border=\"0\" alt=\"newsweek\" src=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/03\/newsweek_thumb.gif\" width=\"205\" height=\"45\" \/><\/a> <\/p>\n<p><strong>The Inflation Myth<\/strong> &#8211; By Rana Foroohar &#8211; &#8230; A recent Bank of America\/Merrill Lynch report notes that <strong>in 18 of the world&#8217;s 30 richest developed economies, core inflation (not including food and energy) is down from its peak in 2008<\/strong>, and continues to fall. High unemployment, empty offices, and shuttered factories have put extra slack in developed economies, meaning there&#8217;s little pricing power for anyone, and thus little chance of inflation in the near term. &#8230; &#8211; <a href=\"http:\/\/www.newsweek.com\/id\/234873\">NEWSWEEK<\/a> <\/p>\n<p>&#8212;&#8212;&#8212;&#8212;<\/p>\n<p><a href=\"http:\/\/www.businessinsider.com\/henry-blodget-a-quick-reminder-heres-the-real-problem-2010-3\"><img loading=\"lazy\" decoding=\"async\" style=\"border-right-width: 0px; display: inline; border-top-width: 0px; border-bottom-width: 0px; border-left-width: 0px\" title=\"hb1\" border=\"0\" alt=\"hb1\" src=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/03\/hb1.jpg\" width=\"364\" height=\"223\" \/><\/a> <a href=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/03\/businessinsidermoneygame6.png\"><img loading=\"lazy\" decoding=\"async\" style=\"border-right-width: 0px; display: inline; border-top-width: 0px; border-bottom-width: 0px; border-left-width: 0px\" title=\"business-insider-money-game\" border=\"0\" alt=\"business-insider-money-game\" src=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/03\/businessinsidermoneygame_thumb6.png\" width=\"127\" height=\"67\" \/><\/a><\/p>\n<p><strong>A Quick Reminder: Here&#8217;s The Real Problem &#8211; Here&#8217;s one of the only economic charts that really matters: Total U.S. debt to GDP<\/strong> &#8230; &#8211; <a href=\"http:\/\/www.businessinsider.com\/henry-blodget-a-quick-reminder-heres-the-real-problem-2010-3\">Money Game at Business Insider<\/a> <\/p>\n<p>&#8212;&#8212;&#8212;&#8212;<\/p>\n<p><a href=\"http:\/\/pragcap.com\/is-china-about-to-lead-us-into-a-double-dip\"><img loading=\"lazy\" decoding=\"async\" style=\"border-right-width: 0px; display: inline; border-top-width: 0px; border-bottom-width: 0px; border-left-width: 0px\" title=\"pcchina\" border=\"0\" alt=\"pcchina\" src=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/03\/pcchina.png\" width=\"308\" height=\"212\" \/><\/a> <a href=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/03\/pragmaticcapitalist3.png\"><img loading=\"lazy\" decoding=\"async\" style=\"border-right-width: 0px; display: inline; border-top-width: 0px; border-bottom-width: 0px; border-left-width: 0px\" title=\"pragmatic-capitalist\" border=\"0\" alt=\"pragmatic-capitalist\" src=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/03\/pragmaticcapitalist_thumb3.png\" width=\"140\" height=\"51\" \/><\/a> <\/p>\n<p><strong>IS CHINA ABOUT TO LEAD US INTO A DOUBLE DIP?<\/strong> &#8211; China has been and remains the strongest leg of the economic recovery.&#160; While most other countries remain entangled in a weak recovery or no recovery at all, China\u2019s economy appears to have surged back to its pre-crisis growth rates.&#160; But as the old saying goes, if it seems too good to be true it probably is. &#8211; <a href=\"http:\/\/pragcap.com\/is-china-about-to-lead-us-into-a-double-dip\">The Pragmatic Capitalist<\/a> <\/p>\n<p>&#8212;&#8212;&#8212;&#8212;<\/p>\n<p><a href=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/03\/telegraph1.gif\"><img loading=\"lazy\" decoding=\"async\" style=\"border-right-width: 0px; display: inline; border-top-width: 0px; border-bottom-width: 0px; border-left-width: 0px\" title=\"telegraph\" border=\"0\" alt=\"telegraph\" src=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/03\/telegraph_thumb1.gif\" width=\"184\" height=\"41\" \/><\/a> <\/p>\n<p><strong>Is China&#8217;s Politburo spoiling for a showdown with America<\/strong>? &#8211; By Ambrose Evans-Pritchard &#8211; The long-simmering clash between the world&#8217;s two great powers is coming to a head, with dangerous implications for the international system. &#8211;<strong> China has succumbed to hubris. It has mistaken the soft diplomacy of Barack Obama for weakness, mistaken the US credit crisis for decline, and mistaken its own mercantilist bubble for ascendancy<\/strong>. &#8211; <a href=\"http:\/\/www.telegraph.co.uk\/finance\/comment\/ambroseevans_pritchard\/7442926\/Is-Chinas-Politburo-spoiling-for-a-showdown-with-America.html\">Telegraph.co.uk<\/a> <\/p>\n<p>&#8212;&#8212;&#8212;&#8212;<\/p>\n<p><a href=\"http:\/\/www.businessinsider.com\/chart-of-the-day-capacity-utilization-vs-employment-rate-2010-3\"><img loading=\"lazy\" decoding=\"async\" style=\"border-right-width: 0px; display: inline; border-top-width: 0px; border-bottom-width: 0px; border-left-width: 0px\" title=\"cl1\" border=\"0\" alt=\"cl1\" src=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/03\/cl1.gif\" width=\"349\" height=\"263\" \/><\/a> <a href=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/03\/businessinsiderclusterstock5.gif\"><img loading=\"lazy\" decoding=\"async\" style=\"border-right-width: 0px; display: inline; border-top-width: 0px; border-bottom-width: 0px; border-left-width: 0px\" title=\"business-insider-clusterstock\" border=\"0\" alt=\"business-insider-clusterstock\" src=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/03\/businessinsiderclusterstock_thumb5.gif\" width=\"144\" height=\"67\" \/><\/a> <\/p>\n<p><strong>CHART OF THE DAY: The 40-Year Hollowing Of American Industry<\/strong>&#8211; Joe Weisenthal and Kamelia Angelova &#8211; &#8230; Bottom line, <strong>if historical trends stay in place, capacity utilization won&#8217;t even rise to the last level of the last boom<\/strong>. So if we want anything approaching full employment, you better pray for another economy-distorting bubble. &#8230; &#8211; <a href=\"http:\/\/www.businessinsider.com\/chart-of-the-day-capacity-utilization-vs-employment-rate-2010-3\">Clusterstock at Business Insider<\/a> <\/p>\n<p>&#8212;&#8212;&#8212;&#8212;<\/p>\n<p><a href=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/03\/theatlantic12.png\"><img loading=\"lazy\" decoding=\"async\" style=\"border-right-width: 0px; display: inline; border-top-width: 0px; border-bottom-width: 0px; border-left-width: 0px\" title=\"the-atlantic1\" border=\"0\" alt=\"the-atlantic1\" src=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/03\/theatlantic1_thumb2.png\" width=\"142\" height=\"62\" \/><\/a> <\/p>\n<p><strong>this is not happy &#8211; be warned \u2013 good article &#8211; How a New Jobless Era Will Transform America<\/strong> &#8211; By Don Peck &#8211; The Great Recession may be over, but this era of high joblessness is probably just beginning. Before it ends, it will likely change the life course and character of a generation of young adults. It will leave an indelible imprint on many blue-collar men. It could cripple marriage as an institution in many communities. It may already be plunging many inner cities into a despair not seen for decades. Ultimately, it is likely to warp our politics, our culture, and the character of our society for years to come. &#8211; <a href=\"http:\/\/www.theatlantic.com\/magazine\/archive\/2010\/03\/how-a-new-jobless-era-will-transform-america\/7919\/\">The Atlantic<\/a> <\/p>\n<p>&#8212;&#8212;&#8212;&#8212;<\/p>\n<p><a href=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/03\/seekingalpha6.png\"><img loading=\"lazy\" decoding=\"async\" style=\"border-right-width: 0px; display: inline; border-top-width: 0px; border-bottom-width: 0px; border-left-width: 0px\" title=\"seeking-alpha\" border=\"0\" alt=\"seeking-alpha\" src=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/03\/seekingalpha_thumb6.png\" width=\"201\" height=\"53\" \/><\/a> <\/p>\n<p><strong>it&#8217;s coming &#8211; The Magic of Inflation<\/strong> &#8211; Gary Tanashian &#8211; &#8230; How can I be when I am what some would call an &#8216;inflationist&#8217;, meaning I believe inflation is a systematic and willful tide designed to lift as many boats as possible with some boats rising much more than others.&#160; &#8230; &#8211; <a href=\"http:\/\/seekingalpha.com\/article\/193510-the-magic-of-inflation\">Seeking Alpha<\/a> <\/p>\n<p>&#8212;&#8212;&#8212;&#8212;<\/p>\n<p><a href=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/03\/businessweek4.png\"><img loading=\"lazy\" decoding=\"async\" style=\"border-right-width: 0px; display: inline; border-top-width: 0px; border-bottom-width: 0px; border-left-width: 0px\" title=\"businessweek\" border=\"0\" alt=\"businessweek\" src=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/03\/businessweek_thumb4.png\" width=\"204\" height=\"45\" \/><\/a> <\/p>\n<p><strong>Dollar Will Retain Reserve Role If Markets Stay Sound, S&amp;P Says<\/strong> &#8211; By Oliver Biggadike &#8211; <a href=\"http:\/\/www.businessweek.com\/news\/2010-03-11\/dollar-will-retain-reserve-role-if-markets-stay-sound-s-p-says.html\">Bloomberg BusinessWeek<\/a> <\/p>\n<p>&#8212;&#8212;&#8212;&#8212;<\/p>\n<p><a href=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/03\/cnbc11.png\"><img loading=\"lazy\" decoding=\"async\" style=\"border-right-width: 0px; display: inline; border-top-width: 0px; border-bottom-width: 0px; border-left-width: 0px\" title=\"cnbc1\" border=\"0\" alt=\"cnbc1\" src=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/03\/cnbc1_thumb1.png\" width=\"115\" height=\"68\" \/><\/a> <\/p>\n<p><strong>Fed Getting Ready to Remove Security Blanket for Markets &#8211;<\/strong> By: Albert Bozzo &#8211; &#8230; The big question is how much mortgage rates will rise and how quickly as a result, even if the central bank has kept the door open about reviving the program. &#8230; &#8211; <a href=\"http:\/\/www.cnbc.com\/id\/35840623\">CNBC<\/a><\/p>\n<div class=\"feedflare\">\n<a href=\"http:\/\/feeds.feedburner.com\/~ff\/mortgagenewsclips\/qTBe?a=7Qlc7B8GMEc:ExQXMxhz1Ow:yIl2AUoC8zA\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/mortgagenewsclips\/qTBe?d=yIl2AUoC8zA\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/mortgagenewsclips\/qTBe?a=7Qlc7B8GMEc:ExQXMxhz1Ow:D7DqB2pKExk\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/mortgagenewsclips\/qTBe?i=7Qlc7B8GMEc:ExQXMxhz1Ow:D7DqB2pKExk\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/mortgagenewsclips\/qTBe?a=7Qlc7B8GMEc:ExQXMxhz1Ow:F7zBnMyn0Lo\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/mortgagenewsclips\/qTBe?i=7Qlc7B8GMEc:ExQXMxhz1Ow:F7zBnMyn0Lo\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/mortgagenewsclips\/qTBe?a=7Qlc7B8GMEc:ExQXMxhz1Ow:V_sGLiPBpWU\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/mortgagenewsclips\/qTBe?i=7Qlc7B8GMEc:ExQXMxhz1Ow:V_sGLiPBpWU\" border=\"0\"><\/img><\/a>\n<\/div>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/mortgagenewsclips\/qTBe\/~4\/7Qlc7B8GMEc\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#160; + + Michael Burry M.D. &#8211; the first person to discover the subprime short trade &#8211; This Vanity Fair article is long, fascinating, and a must read. &#8211; Vanity Fair and videos &#8211; here is the 60 Minutes piece on Michael Buerry &#8211; courtesy of Bary Ritholz&#8217;s Big Picture Blog and Book Review: Investors [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-437585","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/437585","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=437585"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/437585\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=437585"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=437585"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=437585"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}