VIDEO: The Next Fed Chief: Who’s Best to Replace Bernanke?
Bloomberg — Bloomberg Economics Editor Michael McKee handicaps candidates to replace Ben Bernanke when his time is done at the Federal Reserve. He speaks on Bloomberg Television’s “Bloomberg Surveillance.” Click here to watch the video. Read More →
VIDEO: Taper Anxiety Fuels Market’s Jitters
CNBC: Harvard University’s Martin Feldstein discusses how the Fed’s policy has created a “bubble” in the long-term bond market and investors have been losing money as the market has come to “adjust” to it. Click here to watch the video. Read More →
What We’re Reading 6-14-13
A roundup of articles we found interesting this week. Click here to read more. Nigerian cook survives 2 days under sea in shipwreck air bubble, Joe Brock, The Globe and Mail Quantitative Quicksand, Alan Meltzer, Project Syndicate Can Bernanke Avoid a Meltdown in the Bond Market?, Jim O’Neill, Bloomberg Are... Read the full story
United States vs. the World
During the collapse of 2008 and through the rebound of 2009 U.S. markets and foreign markets closely tracked one another. But toward the end of 2009, and more so ever since, the U.S. has diverged from world markets. Click here to read more. While the rest of the world has developed a very flat look,... Read the full story
The Emperor Has No Clothes: Markets Abandon the Fed
It would seem that the emperor has no clothes. In the last few weeks, markets have begun to act as though they no longer think the Fed’s strategy is credible. Same goes with the world’s other interventionist central banks. Click here to read more. The sole purpose of global central bank monetary... Read the full story
What We’re Reading 6-7-13
A roundup of articles we found interesting this week. Click here to read more. Can the Fed Make Up Its Mind on QE?, Caroline Baum, Bloomberg Quant hedge funds hit by US bonds sell-off, Sam Jones, Financial Times Printing Out Barbies and Ford Cylinders, Clint Boulton, The Wall Street Journal Poll: What... Read the full story
The Fed Sends Mixed Signals
Caroline Baum at Bloomberg explains the Fed’s fuzzy messaging on the future of QE. Click here to read more. First Baum lays waste the idea that the Fed can use predictive models as the basis for sound monetary policy. At his March 20 press conference, Fed chief Ben Bernanke said “it makes more... Read the full story
Beware Air Pockets!
If you’re going to chase bubbles, you had better watch out for air pockets! By May 22nd the Nikkei 225 was up more than 50% for 2013. Speculators and gamblers who believed in the hype have received an unfortunate reality check in the days since. In only ten days, the Nikkei is down a punishing 17%. Click... Read the full story
VIDEO: Dr. Doom: Market is Still ‘Quite Vulnerable’
CNBC: Marc Faber, The Gloom, Boom & Doom Report, explains why he believes U.S. markets have far more downside risk than is perceived by investors. Click here to read more. Read More →
What We’re Reading 5-31-13
A roundup of articles we found interesting this week. Click here to read more. The Emperor Creates No Jobs, Review & Outlook, The Wall Street Journal The New ‘New Paradigm’ for Equities, Alen Mattich, MoneyBeat Web Courses Woo Professors, Belkin and Korn, The Wall Street Journal Monterey Shale... Read the full story
