Crude Oil = $94

Crude oil a hair under $95, on the Fed rate cut and inventory drop.

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Crude_oil121207

Chart courtesy of BarCharts

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As I am fond of saying, there is no such thing as a free lunch . . .

Category: Commodities, Energy, Federal Reserve, Technical Analysis

Federal Reserve Department of Irony

Category: Federal Reserve, Fixed Income/Interest Rates, Psychology, Real Estate, Taxes and Policy

Media Appearance: CNBC’s Morning Call (12/12/07)

Category: Media

Just Kidding!

Category: Federal Reserve, Markets

Snubbed

Category: Economy, Federal Reserve, Financial Press, Markets, Psychology, Technical Analysis

Top 10 Things You May Not Have Known About the FOMC

Category: Federal Reserve

Uh-Oh . . .

Shorter Fed Statement:

Cut 1/4 point federal funds rate
Cut 1/4 point discount rate
Growth slowing, inflation risks remain

Mr. Market no-likey the no-happy talk . . . Dow off 175 275 as I type this

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Complete Fed statement after the jump . . .

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Category: Credit, Economy, Federal Reserve, Fixed Income/Interest Rates, Inflation

The Fed and LIBOR

Category: Federal Reserve, Fixed Income/Interest Rates, Inflation

Irrational Exuberance

Category: Federal Reserve

Sector Performance Following Fed Cuts

Category: Economy, Federal Reserve, Technical Analysis