From the FOMC statement: This stood out: “Voting against the policy action was Thomas M. Hoenig, who believed that economic and...
Read More
Interesting chart from Bill Gross, on the eve of the SOTU address. You will note that missing from the chart is the $5.5 trillion in...
Read More
A successful fund manager friend is developing a new Model for running assets. He has a solid math background, but needs a good quant to...
Read More
Dec New Home Sales, a measure of contract signings of new homes, totaled 342k annualized, 24k below estimates but Nov was revised up by...
Read More
If there ever was a day that encapsulates the new economic world we live in, it is today. The President in his State of the Union address...
Read More
There is quite a bit of reading on this today: • ‘It All Came Together’: Emails Reveal Fed Staffers During AIG Crisis (WSJ)...
Read More
Whenever people ask me what my party affiliation is, I respond “Pragmatic Independent.” The question usually comes up in...
Read More
With everyone trying to guess what the new iSlate will look like, let’s take a step back. Expectations are high, and are probably...
Read More