There is too much company in the QE 2 play. In Reading Greg Weldon’s letter last night, part of John Mauldin’s Outside the Box series, it becomes apparent that there is too much company in the long bond trade that…Continue Reading →
A lot of good things have happened since January 2009. The Fed kept interest rates low and the Administration got a little stimulus going. These steps averted the Great Depression II. Ben’s worry no doubt, is that the expected Republicans…Continue Reading →
NY Fed Governor Dudley has got the attention of the markets this morning with his talk of more QE. His rational is that while the FED cannot lower rates more, they can buy bonds and provide more stimulus. He does…Continue Reading →