Recapturing Lost Purchasing Power?
I don’t have an opinion (either way) on Greg Ip, the WSJ reporter who covers the Fed. But I have to call this sentence into...
Connect the Dots
Alan Abelson’s UP AND DOWN WALL STREET column today in Barron’s identifies two economic "dots," but stops just short of...
NFP: Ignore the noise
There’s no sunshine anywhere in Mudville, except for the handful of fans who, looking for something cheerful to say, revert to...
NFP Payroll: Special Hurricane Accounting Edition
Given the longevity of the streak, I once again will be taking "The Under" in the Employment Situation Survey today. However,...
Greenspan: Yield Curve ‘No Longer Useful’ Gauge Of...
Federal Reserve Chairman Alan Greenspan announced in Congressional Testimony today that the "yield curve was no longer a useful...
Economists React to Fed
Yesterday, the the Federal Reserve Open Market Committee surprsied nobody with their 12th consecutive 1/4 point increase. The WSJ noted...
Parsing the FOMC Statement
ee Parsing the via the WSJ: "The Nov. 1 statement announced that the Fed was raising its key short-term interest rate by one-quarter...
Bottoming Process Continues
The market’s tone has becoming increasingly firmer as of late. The many technical, internal and seasonal factors we track suggest that...
GDP Shocker?
What will today’s GDP data look like? (and yet another call to take "the under?") The consensus is for 3.6% growth,...
New Column up at Real Money (10/27/05): Combining Technicals...
Not too long ago, I recieved an email asking me about the difficulties of combining Technical and Economic Analysis. I thought it might...