Carl Icahn Raises His Yahoo Holdings by 6.8 Million Shares
Billionaire investor and Yahoo Inc. (YHOO) board member Carl Icahn has increased his holdings in the Sunnyvale, Calif-based Web Portal by adding 6.8 million shares... Read »
China: Will the PBoC’s Rate Cut Make Things Better, or Worse?
Last night the PBoC surprised the market with its biggest rate cut since 1997. Lending rates for one year or more were cut by 108 bps, while the six month lending... Read »
Fed Approves BofA’s Acquisition of Merrill
The Federal Reserve governing board announced Wednesday its approval on the buyout of Merrill Lynch (MER) by Bank of America (BAC). The acquisition of New York-based... Read »
Interest Rates: What Happens After Zero?
With the global economic downturn in full swing, one of the burning questions on everyone’s minds is who will be the first central bank to take interest rates... Read »
The Rebirth of Keynes, and the Debate to Come
The economy has just about come to a standstill – not so much because credit markets are clogged as because there’s not enough demand in the economy to keep... Read »
More Trouble Brewing in China
Almost every day, the U.S. government releases some new tidbit of economic data. It never fails there is always someone out there to question the validity of it.... Read »
Unprecedented Bright Spot in Market Downturn
It’s Thanksgiving and the markets are taking a well-deserved break. Frankly, they sure could use it. The recent volatility is unprecedented. In the past 25 years... Read »
Currencies: Post Thanksgiving Breakout?
On the eve before Thanksgiving, the price action in the currency market has been very erratic. Equities rallied for the fourth straight trading session while the... Read »
Dividends: Investors Beware!
Some investors, shaken by the markets volatile and often violent downturns, are seeking the shelter of dividends to cushion the impact of market swings. On the surface... Read »
Fed, Treasury: Ricardian Equivalence at Work
Another day, another program….or, in the case of yesterday, two. Yesterday’s announcement of a new ABS lending program and, perhaps more importantly,... Read »






