Worst Idea of 2009
Shorter Floyd Norris: “Goldman Sachs is trying to arrange to buy tax credits from Fannie Mae. Obviously, it would buy them at a...
The Fed and the Unemployment Rate cont’d
David R. Kotok co-founded Cumberland Advisors in 1973 and has been its Chief Investment Officer since inception. He holds a B.S. in...
Ben the Bartender
Ben the Bartender is working the after hours party as the Fed will keep rates at “exceptionally low levels…for an extended...
Bianco on Fed Action
Today’s FOMC Meeting Bloomberg.com – Fed Likely to Signal Economy Improving, Keep Interest Rates Low Federal Reserve officials...
The Fed Says . . .
> Let’s see what the Fed Release does to this rally . . . The key line is: “Exceptionally low rates for extended periods...
4 Steps to Fix the Banks….
Dylan Outlines the 4 Steps to Fix the Banks…. Visit msnbc.com for Breaking News, World News, and News about the Economy
Banks That Went Bust
Track and see more details on bank failures since early 2008. > Click for interactive graphic > Source: When Bad Banks Sink Good...
Inflation expectations rising to the highest since Sept ’08
Ahead of the 2:15pm FOMC statement, the implied inflation rate today in the 10 yr TIPS is rising to 2.08%, matching the highest level...
ISM services
The ISM services index was a touch below expectations at 50.6 vs forecasts of 51.5 and it’s down from 50.9 in Sept. Business...