More on the Fed Minutes
A friend, who insists on remaining anonymous (under penalty of death) has some astoundingly astute observations regarding yesterdays...
3% or 5.7%?
Yesterday, I discussed the UCLA Anderson Forecastby Edward Leamer. To keep the blog “Fair and Balanced,” today we present the...
Technical Deterioration Plagues Nasdaq
It is not surprising that the Nasdaq has finally begun to weaken, given the heroic move the index has made this year. As discussed...
Fed notes excess capacity
“In contrast to the usual experience in economic recoveries during recent decades, the expansion appeared to be gathering momentum...
UCLA forecasts 3% U.S. Growth in 2004
This is an interesting forecast that dovetails fairly nicely with my “Frankenstein Economy” thesis. The UCLA forecast is a...
Beyond Punishing Analysts
Floyd Norris has a fascinating article out this morning, titled “Stock Exchange Disciplines Analyst.” Its the story of an...
Dollar Daze
butt ugly Chart of the Week: The U.S. Dollar continues to weaken versus a basket of other currencies. While this may be a net positive...
Dow 10,000 & Nasdaq 2000: Who Cares?
There is this bizarre media fixation on “round numbers” in the market place. How many times have you heard the phrase the...
Will They or Won’t They?
That seems to be the question on everybody’s mind this morning: At tomorrow’s FOMC meeting, will the Federal Reserve drop the...
Chart of the Week: Nasdaq Weekly
Nasdaq’s been the market leader, and its health is an indicator looking forward. The weekly chart shows a major resistance barrier in...