Gold bullion surging in all currencies
Gold bullion surging in all currencies I argued the bull case for gold in my posts over the past few months (see “Gold bullion...
US Unemployment, 2004-09
Tomorrow is NFP day — and when those numbers come out, we won’t have much time to discuss much else. So while I am winging to...
Morning stuff and the aftermath of the FOMC statement
Following the very dovish FOMC statement, the odds of a 25 bps rate hike by April have fallen to 36% from 54% yesterday and the odds of a...
Dodd Proposes “Super-Regulator”
Indiscriminate. That’s what Senator Dodd’s proposal is. He wants to create an entirely new regulatory agency to replace the...
Worst Idea of 2009
Shorter Floyd Norris: “Goldman Sachs is trying to arrange to buy tax credits from Fannie Mae. Obviously, it would buy them at a...
The Fed and the Unemployment Rate cont’d
David R. Kotok co-founded Cumberland Advisors in 1973 and has been its Chief Investment Officer since inception. He holds a B.S. in...
Ben the Bartender
Ben the Bartender is working the after hours party as the Fed will keep rates at “exceptionally low levels…for an extended...
Bianco on Fed Action
Today’s FOMC Meeting Bloomberg.com – Fed Likely to Signal Economy Improving, Keep Interest Rates Low Federal Reserve officials...