Almost overlooked in yesterday’s mess was the CPI data. It was a classic: "Consumer prices were forecast to rise 0.3 percent,...
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LIVE BLOGGING BEAR STEARNS: (in reverse chronological order) ~~~ 5:00pm Final Price: $30 even, down -27.00 (-47.37%) ...
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And now, a word from a distinguished central banker: Monetary Policy Transmission: Past and Future ChallengesDistinguished Address...
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This is the best explanation I have seen as to why the Fed set up the TSLF, and allowed it to accept less than stellar paper: "The...
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He discusses borrowed reserves versus equity, and coming bank failures: >
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>"The Federal Reserve’s actions today may have been strongly influenced by Bear Stearns’ problem."-Dick...
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5 Day Dow Jones Industrials, 3 minute chart ~~~ Perfect timing by the Fed in their surprise, $200B lending: As we have noted recently,...
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For the first time ever, I am on the front page of Sunday New York Times (and above the fold). The really cool part is I didn’t...
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Today’s chart porn is off of the most interesting article I read in today’s NYTimes: In Europe, Central Banking Is Different....
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Click for Video UPDATE: March 6, 2008 9:43am Yeah, I can see and hear this on the Dell in the office, but not on the iMac at home ....
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