Author Archives: John Rutledge

This is a Capital Market Story, Not a Recession Story

(January 22, 2008) Forget the GDP accounts that you learned about in macroeconomics class. The big economic and financial earthquakes always take place in the asset markets. Policy actions that target spending, like the stimulus measures being discussed today by … Continue reading

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What do we know?

(January 22, 2008) If you are like me, your belly and your brain are pulling you in different directions. My belly wants me to sell every stock I own. My brain says, ‘Hang on. The world is not ending. There … Continue reading

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