The day after
If one of the Fed’s goals in yesterday’s statement was to instill confidence in the market that they will do anything to make...
Coming Soon: Bank CEO Perp Walks, Jail Time
Over the past few months, we have learned about extraordinary levels of excessively bad corporate behavior. As bad as the Bailouts were...
Look Out Below!
Futures are off on QE1.5, slowing US economic growth, and a slowdown in China. The Nikkei Dow fell -2.70%, while most European Bourses...
Camp Kotok Economists Conference 2010
Here are a few (lower res) shots from Leen’s Lodge, Grand Lake Stream, and Big Lake: Soaring Eagle 19 Inch Freshwater Salmon Sunset...
The Fed is worried and thus won’t stop
Following the trial balloon in last week’s WSJ, the FOMC confirmed that they will keep their balance sheet constant by reinvesting...
FOMC: QE1.5 Begins
Here is the key portions of the FOMC statement: “Information received since the Federal Open Market Committee met in June indicates...
CPI, CRB Do Not Disprove Deflation Thesis
I try to find people to read who a) I disagree with 2) respect their methodology. It refines my arguments, and clarifies my thinking....
Jeff Matthews: Midterm Elections Could Lift Off Economy, Stocks
~~~ Source: Jeff Matthews: GOP Midterm Victory Will Lift “Wet Blanket” Off Economy, Stocks Aaron Task Yahoo Tech Ticker, Aug...
The now “Bernanke Put”
The “Greenspan Put,” according to Wikipedia, is referred to “when a crisis arose, the Fed came to the rescue by...