http://www.enziosclock.com/economic/update/2009/05/18 Comments for "USA: American Financials - IV" en http://www.enziosclock.com/economic/update/2009/05/18 <div class="flexinode-body flexinode-9"><div class="flexinode-textarea-42"><div class="form-item"> <label>Teaser: </label> <p>Where have all the lenders gone?  Subscribers to <a href="/economic/clock">the Economic Clock® </a>know that <a href="/economic/time/united_states/2009/03/26">we have highlighted America&#39;s &quot;excess demand for money&quot; for many moons</a>: t<a href="/market/time/2009/04/23">hat excess demand stems from unwilling banks, not from an unwilling Fed</a>. Therein lies the rub: banks&#39; decisions are profit-driven; those of the Fed are policy-driven. So banks take longer to decide when to re-enter the lending fray than the Fed does...</p><p>Today we provide further gloom, and (yet again) suggest an instrument that has made/lost you a great deal of money, depending on your timing. I, for one, am not a great timer, <a href="/market/time/2009/04/23#comment-686">as one avid reader correctly has suggested</a>; instead, I want to contribute to catalyzing your thought processes.  </p> </div> </div><div class="flexinode-textarea-43"><div class="form-item"> <label>Topics Covered: </label> <ol><li><strong>Further reasons not to lend</strong></li><li><strong>How to make money off this idea</strong><br /></li></ol><br /> </div> </div></div><p><a href="http://www.enziosclock.com/economic/update/2009/05/18">read more</a></p> http://www.enziosclock.com/economic/update/2009/05/18#comment Mon, 18 May 2009 20:20:51 +0800 Enzio 1078 at http://www.enziosclock.com