The approach of trying to cure an easy money induced program with more easy money will by definition end badly. In the mean time we all have a front row seat as this plays out. Below is an outstanding overview…Continue Reading →
Why do we even watch the charade today? We all know Janet Yellen is going to try and follow the Bernanke program after she is confirmed. But it really doesn’t matter, the interest rate and currency markets, free markets no less,…Continue Reading →
Finally an apology and explanation from a former FED official. Opening paragraph of the WSJ article here: Andrew Huszar Nov. 11, 2013 7:00 p.m. ET I can only say: I’m sorry, America. As a former Federal Reserve official, I was responsible…Continue Reading →
Over the almost six years since we started this blog and website we have watched our reader statististics, ie the number of blog views versus a 100 day average. Like all things they go up and down and actually do…Continue Reading →
The stock price of Twitter is probably irrelevant to the big picture. What is relevant is the way it will be of used to broadcast the actions of the FED and market players in a precarious stock market.
There is no question that the battle the FED has been fighting is deflation since the deleveraging started in 2008. In essence the FED has absorbed 3 trillion dollars of overleveraged assets and are now coming to the end of…Continue Reading →
See an article from Seeking Alpha: http://seekingalpha.com/article/1777402-the-feds-surprise?source=email_rt_article_readmore
Headlines today point to weak durable goods numbers with one exception (ex aircraft which the top 3 percent predominately fly personally and the bottom 97 percent use to get their Amazon orders filled) . Corporations that sell products that don’t fly well might take…Continue Reading →
Is the Apple bounce over? See chart here with a comparison of the Apple stock price to the XLK Technology Index ETF. What we see is the potential of a head and shoulders relationship in comparison to technology stocks. …Continue Reading →