Shock & awe? Or shockingly flawed?
Since we have been discussing the Dollar all week, let’s go to Alan Abelson’s Barron’s column this week, Debasing...
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...
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...
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...
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...
Reports of the Death of Inflation Have Been Greatly Exaggerated
With the FOMC meeting tomorrow, equity traders are hoping for a half point rate cut. According to Barron’s Econoday, the Fed Fund...
Open Thread: Falling Dollar, Rising Gold, Oil, Inflation
Now that the currency traders have weighed in on the Fed Cut, perhaps a rate cut is not the salve many are hoping / begging for. With Oil...
Martin Feldstein on the Housing/Credit/Economic Mess
Regular readers know that I am not a fan of the WSJ Op Ed page. In addition to their playing fast and loose with facts, I find their...