Did Policy Economists Get It That Wrong?
Bob Eisenbeis is Cumberland’s Chief Monetary Economist. Prior to joining Cumberland Advisors he was the Executive Vice President and...
Fed to Geithner: Piss Off
I love the way Bloomberg begins this article: “Federal Reserve Board has rejected a request by U.S. Treasury Secretary Timothy...
Georgetown University: Future of Global Finances
Georgetown University Conference on Future of Global Finances The White House’s top economic adviser Lawrence Summers delivered a...
Website Back Up!
Ack! As noted last week, we have been suffering from some hosting/node/database issues. Okay (as you’ve noticed) we’re...
Art Cashin on Dow 10,000
Art Cashin, head of floor operations at UBS, has the latest buzz from the NYSE:
Buy High, Sell Low
Corporate America loves buying its own stock — but apparently. only at the worst times, like when they are expensive or at the top...
When do we junk the velcro for the shoelaces?
As my 7 year son last week junked his velcro sneakers for a pair of Nike’s with shoelaces as he finally learned to tie them, it was...
Krugman: Recession Over
“The end of the world appears to have been postponed. We’ve had an extraordinarily terrible crisis though we’ve probably hit bottom...
Look Out Below (Again)
One of the oddities of the current rally is that Futures before the open seem to have little correlation with closing prices. Today, we...
U.S. Week Ahead: Housing, G20, Dow 10,000(?)
Various housing benchmarks are due this coming week, along with meetings at the Fed and of world leaders. Can the markets sustain their...