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Something’s been eating at us. We couldn’t really explain what it was. But something didn’t seem right. We felt like Lieutenant Columbo. There was a small clue we knew we’d stumbled across. A clue that was staring us right in the chops… but we couldn’t figure out what it was, where it was and why [...]

Do you know what? Some days we’re not sure whether to laugh or really laugh.
Yesterday, as we took a break from cobbling together the March issue of Australian Small-Cap Investigator, we glanced over a speech given by Donald Kohn, vice chairman of the US Federal Reserve.
Look, read the whole thing for youself by clicking [...]

We coughed and spluttered this morning, as we read the headline, “Stop the bailouts, says Federal Reserve chairman Ben Bernanke”
Hang on a minute, wasn’t Mr. Bernanke one of the chief architects of the bailouts? Alongside then Treasury Secretary Hank “Hank” Paulson, and then New York Fed chief Tim “Timothy” Geithner.
Of course, before we slam [...]

We couldn’t help but laugh at the front page of yesterday’s Australian Financial Review (AFR):
“Tanner takes razor to red tape”
Apparently, “The Rudd government will increase the powers of its red-tape regulator in a bid to prevent any unnecessary rules from stifling economic growth…”
Red-tape regulator!
Anyway, it goes on, “Finance Minister Lindsay Tanner will subject new legislation [...]

If it was possible for a market to whistle without a care in the world that’s exactly what it would be doing right now…
Greece on the verge of default – [whistle].
China trying to engineer a soft economic landing – [whistle].
US Federal Reserve increasing interest rates – [whistle].
Australian property bubble bubbling – [whistle].
Millions of your taxpayer [...]

THE PRICE OF GOLD gave back yesterday’s 1.4% rally on Tuesday morning in London, drifting down to Monday’s start near $1113 an ounce as world stock markets slipped and the US Dollar rose on the currency market.
The Euro fell to a fresh 11-week low after the ZEW survey pegged economic sentiment across the 16-nation currency [...]

We always believe it’s good to hand out awards to people who deserve it. Whether it’s for doing good things or bad things, we believe they should receive an award to recognize their “achievement.”
In this instance, the newly inaugurated “No —- Sherlock Award” goes to the US Federal Reserve’s Federal Open Market Committee (FOMC). [...]