Ben Steps Up
A few quick points regarding the muscular comments from Bernanke: Friday’s NFP Employment data added NOTHING WHATSOEVER to the...
NFP Day — Abandoning the Over?
In April, I deviated from the longstanding "Under" gamble and took the "Over." It was a winning bet. Last month...
NYTime’s Comment
>I finally lost my NYT cherry today, with a quote in an article about Ben Bernanke (and look who I’m quoted with):...
Worst Case Scenarios: Why the Fed Tends to Overtighten
Forget, for the moment, the specifics of the May 10 Fed Minutes. Instead, consider the decision making process the FOMC goes through....
Recent Housing Data: Charts & Analysis
It has long been our view that Real Estate is the prime driver of this economy, and its eventual cooling will be a major crimp in GDP,...
Blame the Fed?
As you might have suspected, I disagree with those who are blaiming today’s whackage on the Fed; In particular, Michael...
Yield Curve Inversion
Anyone else notice the brief Yield Curve Inversion this week? The 10-year yield slipped below Fed Funds rate for first time since the...
CPI Overstates Inflation? Puh-Leeze!
Larry Kudlow has been flogging my Ben Bernanke as Neville Chamberlain quote for weeks now. So why do I think Ben Bernake is dovish on...
When does Risk Get Rewarded?
John Hussman of Hussman Funds writes: "Among the simplest truths is that market risk tends to be unusually rewarding when market...
Bernanke admits a ‘lapse’
Interesting admission from Fed Chair Ben Bernanke: "Federal Reserve Chairman Ben Bernanke admitted Tuesday to Congress that he made...