The Crank Report, Issue #4 (22 April 2015)

In this issue: 

• Earnings Season Warning: Apparent Profits
• Recession Alert: Blame the End of QE3
• Central Planners Must Test Their Products on the Market, too: The Reverse REPO Exercise
• The "Austrian" True Money Supply Weekly: The Bank Credit Boom - Guess Who's Back!
• Chart: The Flattening of the Treasury Yield Curve: Falling Growth Expectations?
• Chart: Break Even Inflation Rate: Still Low, but Rising
• Table: The "Austrian" True Money Supply - 1981 to YTD 2015

<click top right corner to enlarge>

You can access all issues of The Crank Report here.