Fed to Devalue Dollar by 33%?
The currencies began to get some wind in their sails yesterday midmorning, and soon an all-out rally was taking place. The currency rally was led by the euro (EUR),... Read »
Why BoE is Expected to Ease and ECB is Not
Both the Bank of England and the European Central Bank will be making monetary policy announcements on Thursday. The market expects the ECB to remain on hold and... Read »
PCE and CPI
“The Committee judges that inflation at the rate of 2 percent, as measured by the annual change in the price index for personal consumption expenditures, is most... Read »
Job Openings On The Rise
Job openings in the U.S. rose to 3.4 million on the last business day of December, up from 3.1 million a month earlier, the Labor Department reports. “Although... Read »
Can Raising Interest Rates Spark a Robust Recovery?
Could the Fed spark a robust recovery by raising its federal funds rate target? For Bill Gross the answer is yes. He believes a key reason holding back the recovery... Read »
Banks Paying Cash to Homeowners to Avoid Foreclosures
Banks, accelerating efforts to move troubled mortgages off their books, are offering as much as $35,000 or more in cash to delinquent homeowners to sell their properties... Read »
U.S. Debt Will Explode Without Changes – John Taylor
John Taylor, economics professor at Stanford University, spoke to Bloomberg Television’s Trish Regan today and said that the U.S. “could get into a situation... Read »
Another Financial Market Experiment?
In the fall of 2008, US authorities conducted a financial market experiment. They allowed a large and heavily interconnected firm, Lehman Brothers, to file for... Read »
The Seasonal Factor & January’s Encouraging Employment Report
January’s payrolls report looks convincingly strong to many economists, but some skeptics warn that the seasonal adjustment in first month of the year is usually... Read »
Private Payrolls Post A Surprisingly Strong Gain In January
Today’s employment report from the U.S. Labor Department delivered a hefty blow against the idea that recession risk is high for the immediate future. Private... Read »






