Tomorrow's Economy Today
...Iron sharpens iron, So one man sharpens another
Wednesday, September 18, 2013
QE vigilantes 1, The Fed 0
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Surprise! Most, including myself, had expected the Fed to announce a tapering at today's meeting. My view - likely in the $10 billion ra...
Monday, June 24, 2013
Damage control, feral hogs, and the QE vigilantes
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It's just been a few days since Bernanke told us that QE is on the chopping block if the economic data play out like the Fed expects. Ma...
Wednesday, May 22, 2013
The Fed's 360 degree door
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Today's testimony by Fed Chief Ben Bernanke, as well as the minutes from the latest Fed meeting released later in the day, gave central ...
Tuesday, May 14, 2013
Federal deficit? What deficit
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OK. So a CBO estimate of a FY2013 federal deficit of $642 billion is still $642 billion. But its $200 billion less than the CBO estimated ju...
Friday, May 10, 2013
Stocks - like watching the grass grow
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Seemingly inspired by last week’s ‘sigh of relief’ employment report, the major stock market indices topped new milestones in what can only...
Thursday, May 2, 2013
The European Central Bank finally delivers on a rate cut
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The euro-zone remains bogged down in a recession, and after a new record for unemployment - 12.1% - and a drop in it's CPI to a rate of...
Thursday, April 4, 2013
Euro-zone problems continue
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Earlier in the week, we found out that the euro-zone unemployment rate held at a record 12.0% in February, highlighting the difficult proble...
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