Quote of the Day: Wall Street Tantrums

>This is brilliant:

"It’s like monetary policy is being affected by the tantrums of Wall Street  As every parent knows, the worst thing you can do is give in to a tantrum, because then you get five more of them."
-James Paulsen, chief investment officer at Wells Capital Management.

Looks like we are having a bit of a tantrum today . . .


Bond Market Talks — and Fed Listens Closely
Justin Lahart
WSJ, November 1, 2007; Page C1

Category: Federal Reserve, Financial Press

Google: #5 US Market Cap

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Da Merc!

Category: Commodities, Derivatives, Markets

Holiday Book Shopping

Category: Books


Category: Commodities, Consumer Spending, Credit, Economy, Employment, Inflation, War/Defense

Headline of the Day

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Fake Fed Statement Generator

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I Call “Shenanigans” on GDP!

Category: Data Analysis, Economy, Inflation

GDP, Durable Goods

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Category: Data Analysis, Real Estate