FOMC Statement, Revised for Reality
The Fed’s statement was as close to sarcasm as you might ever expect to hear from that august body. Here’s the full...
Inflation Watch: FOMC
The Fed finishes the second day of a 2-dayer, and we are widely expecting a "nuthin’ done" at 2:15. Barring some religous...
Bracketology: March Subprime Madness!
Two distinct yet similar takes on Bracketology look at the economy and the subprime fungus via the same vehicle: NCAA Final Four...
BB & Greenie
I am out of pocket for most of today, but with the upcoming two-day FOMC Meeting next week, its a good time to bring these recent...
The Return of Inflation Ex-Inflation
Given yesterday’s eye-popping Producer Prices — the 12 months ending in February, overall wholesale prices rose 2.5%, the...
Macro Overview
As we noted Monday, the soothing soothsayers have latched onto the few decent econo-data points amongst all the awful economic news as...
Quote of the Day: Alan Greenspan on SubPrime, I/O and other...
We were overdue for a housing related post, and this quote is simply Astonishing: "Innovation has brought about a multitude of new...
New Column: Top 10 Myths of Tuesday’s Correction
I’ll get some more color up on this later, but before I head out, I wanted to get this posted: My Top 10 Myths of the Correction of...
The Soothing Fed Balm
I love when a bunch of disparate views and data points combine to give some insight into what’s going on. Its often like an...
Traders and the Gold “Top”
Last week’s commentary, Gold Knows, engendered lots of comments by traders. Quite a few suggested that the post itself was marking...