Tag Archives: FOMC

Swan Dive!

The mutilation of savers and the working class continues.   QE3+ Fiscal Cliff =  More Jobs? The Nasdaq is up over 20 percent this year and we just got another monetary blast.  Who would of thunk it?  Think Kafka, folks. (click … Continue reading

Posted in Dollar, Monetary Policy | Tagged , | Leave a comment

FOMC’s Hawks & Doves

(click here if graphic is not observable)

Posted in Monetary Policy | Tagged , , , | Leave a comment

Squirrelly Summer Market

Squirrelly trading after the FOMC announcement.   Looks like real money is on vacation and traders just flipping with each other.   No big sellers and shorts forced to cover Headlines out of Europe show a little more flexibility from Germany … Continue reading

Posted in Black Swan Watch, Equities, Euro | Tagged , , | Leave a comment

Where The Inflating Things Are

On the eve of the Fed’s FOMC two-day meeting we thought this chart illustrating what is inflating in the U.S. consumer basket very relevant.   Don’t see much deflation x/ energy and the core CPI (x/ food and energy) remains stuck … Continue reading

Posted in Economics, Inflation/Deflation | Tagged , , , | Leave a comment

Blast Off!

Thanks, Ben.  We were getting worried there.  Cash gold is up $30, after hitting a high of $1,705.    Next up LTRO2.  Always with a stop. (click here if chart is not observable)

Posted in Gold, Monetary Policy | Tagged , , , | Leave a comment

Chart of the Day: Dixie Swan Dive

Don’t know about you, but we’re feeling a little poorer after the FOMC statement and Chairman Ben’s historic press conference.    One spark away from a full blown dollar panic, in our opinion.  (click here if chart is not observable)

Posted in Black Swan Watch, Dollar, Gold | Tagged , , | Leave a comment

10 Questions for Chairman Bernanke

If we were attending the Fed’s historic press conference tomorrow,  here are the ten questions we would ask Chairman Bernanke: 1)  Do you think the new monetary policy tool of the Federal Reserve of paying interest on reserves (IOR) is … Continue reading

Posted in Budget Deficit, Commodities, Credit, Crude Oil, Currency, Food Prices, Gold, Monetary Policy, Policy | Tagged , , , | 3 Comments

What the Fed did and why – Ben Bernanke

Ben Bernanke published an Op/Ed piece in today’s Washington Post explaining the FOMC’s action.  Here are the money quotes, The FOMC decided this week that, with unemployment high and inflation very low, further support to the economy is needed. With … Continue reading

Posted in Equities, Monetary Policy, News, Policy, Politics | Tagged , , , | 2 Comments