FOMC/Battle Royale
With respect to quantitative easing, the FOMC decided to sit on their hands and let the purchase plan of $1.25 trillion MBS, agency debt...
GDP Drops, But Data Indicates a Shift
The U.S. economy contracts 6.1% in the first quarter, a greater drop than expected. But as WSJ’s Kelly Evans tells colleague Phil...
7 year auction
After a 16 year lull, the Treasury auctioned off its 3rd 7 year note auction of the year, a total of $26b, $2b higher than March and $4b...
Remarks by FDIC Chairman Sheila Bair to The Economic Club of...
Speeches & Testimony Remarks by FDIC Chairman Sheila Bair to The Economic Club of New York; New York, New York April 27, 2009 Good...
Overbought? Watch FOMC Announcement at 2:15
A couple of charts from Ron Griess over at The Chart Store that might be worth watching, especially in light of today’s FOMC...
Dan Gross: Dumb Money (Colbert)
Daniel Gross urges rich cable TV personalities to buy steaks, cigars and whiskey. The Colbert Report Mon – Thurs 11:30pm / 10:30c...
Creeping rise in inflation expectations
Implied inflation expectations continue to rise today in the 10 year TIPS and are now up 40 bps from the day before the March FOMC...
GDP Falls 6.1%
I’ve been tearing through the GDP data, trying to get a handle on the actual contraction and growth reflected within. It is, to say...