Archive for September, 2010

Miles said:

USD / Debt / Gatekeepers

Below are two links, the first is to the FOMC statement released today. The second link is to a speech given by Mr. Thomas Hoenig, the President of the Reserve bank of Kansas City in June 2010. Mr Hoenig is the Voting Member of the FOMC that has consistently voted against the current policy. The speech gives some context around his position.

FOMC Statement –  Sep 2010

Mr. Hoenig Speech – June 2010

Wednesday, September 22nd, 2010

Miles said:

The Weekly Habit

What do you do once a week? Maybe …. put the bins out? Go to church? Watch a TV show? Do you have a weekly scheduled meeting where you actively review what is going on? I suspect most people don’t, and those that do are generally meeting with their closest professional associates. I had a look through the Greens’ web-site this morning and read the agreement between them and the Labor Party. Section 5 working relationships, struck me as an extraordinary level of access to the Prime Minister. The agreement the Independents signed appears to have similar working relationships.

Agreements – Greens

Agreements – Independents

Thursday, September 16th, 2010

Miles said:

Fund Update

Fund Positioning 01_09_2010

Wednesday, September 1st, 2010

Yes or no?