FOMC intent on being the BoJ
The FOMC commentary on the economy and inflation is pretty much unchanged from the statement they gave in Dec. They continue to believe...
Apple’s Superlatives Amongst Superlatives
By now, everyone knows that Apple had a blowout quarter: Q1FY12 sales of $46.33 billion, profits of $13.1 billion, with gross margins of...
Pending Home Sales drop from best since Apr ’10
After strong gains in Oct and Nov that took the index to the highest since April ’10 when the home buying tax credit was being...
10 Mid-Week AM Reads
Here are my morning reads: • Japan’s first trade deficit since 1980 raises debt doubts (Reuters) • Freddie Mac: What it did,...
FOMC/Europe/Asia
The best way of reading the interest rate forecasts from the 10 voting members of the FOMC today is to know that the doves will want them...
Working Out of Debt
Working Out of Debt John Mauldin January 23, 2012 ~~~ This week we look at a report called “Working Out of Debt,” about debt and...
Apple’s BIG Beat
It is truly amazing how the world’s largest company can still grow revenues by 73 percent y/y and earnings by over 100 percent. ...
Fukushima Operator Admits 20% Increase In Radiation
Tepco Admits that Radiation Levels from Fukushima Are RISING JiJi Press – one of Japan’s largest news sources – reports: Tokyo...
10 Tuesday PM Reads
My afternoon train reading: • The end of mutual funds is coming (Fortune) • On Hoover’s Attempts to Rescue the Banks...
The Fed again brings out its crystal ball
The FOMC tomorrow will tell us at what level they want to price fix the short term cost of money and for how long. This forecast from...