Yesterday, the FOMC statement dropped the phrase from the January statement: "the extent and timing of any additional firming that...
Read More
The Fed’s statement was as close to sarcasm as you might ever expect to hear from that august body. Here’s the full...
Read More
The Fed finishes the second day of a 2-dayer, and we are widely expecting a "nuthin’ done" at 2:15. Barring some religous...
Read More
Two distinct yet similar takes on Bracketology look at the economy and the subprime fungus via the same vehicle: NCAA Final Four...
Read More
Given yesterday’s eye-popping Producer Prices — the 12 months ending in February, overall wholesale prices rose 2.5%, the...
Read More
As we noted Monday, the soothing soothsayers have latched onto the few decent econo-data points amongst all the awful economic news as...
Read More
A grudge match of epic proportions has been developing. Like Ali and Frazier, these two pugilists have been taunting each other, name...
Read More
Surprise! Consumer prices rose more than expected last month, with big price gains coming in food and medical care. Fortunately, these...
Read More
The WSJ notes the differences between today’s Fed statement and that of December’s: "THE FED’S STATEMENTS reflect...
Read More
Bond prices in the US, Europe and Japan have been sliding since December. At 4.11%, European 10-year government bond yields are at the...
Read More
