Oliphant via Yahoo!
Fear of a Dollar Collapse, part II
Yesterday, we discussed the potential impact of the ongoing weakening of the US dollar. Today, we look at a few printing press Money...
Fears of dollar collapse ?
Saudi Arabia, who usually mimics every FOMC move, has refused to cut interest rates in lockstep with the US Federal Reserve for the first...
I Love the Smell of Repos in the Morning . . .
Last night, I asked the assembled multitudes what was the Fed’s motivation behind their big 50 bp whack. Let me add some spin...
Open Thread: Markets, Inflation, Growth, Recession
Yesterday, I said that the Fed had become Wall Street’s "Bitch". It was toward the end of the post, and I assumed it...
The Lies of Alan Greenspan
William Grieder has the definitive, must read takedown of former Fed Chair’s recent revisionist history/book tour. Grieder writes...
FOMC Statement Changes
A few different ways to parse yesterday’s FOMC Statement:(click each for larger view) Via Bill King: Download FOMC_Rel.pdf Via the...
Bernanke Blinks
FOMC Chair Ben Bernanke surprised me (and apparently, quite a few others) by slashing both the Fed Funds Rate and the Discount Rate 50...
Oddest Press Release of the Day
I guess this just couldn’t wait until tomorrow: The Board of Governors of the Federal Reserve System has issued the following press...
Ironic Quote of the Day: Alan Greenspan on Inflation
This will be my last Easy Al post for the foreseeable future (you can see yesterday’s Greenspan Media Blitz! here) From...