Multiple, Unconscionable Crimes In my mind if not in the eyes of the criminal justice system, Jacob Wetterling’s murderer is guilty of not one but two, equally heinous crimes: 1) abducting, molesting, and killing 11 year-old Jacob Wetterling in 1989; and 2) lying about his knowledge of the boy’s whereabouts for 27 years, thereby denying closure and...Read More
WSJ: “European Firms Borrow at Subzero Rates” “Capitalism, almost commonsensically, cannot function well at the zero bound or with a minus sign as a yield. $11 trillion of negative yielding bonds are not assets ” they are liabilities. Factor that, Ms. Yellen into your asset price objective. You and your contemporaries have flipped $11 trillion...Read More