The Hidden Good News on the Labor Market
On February 15, Barron’s ran what many economists (especially those at the Federal Reserve) would consider a provocative piece on the labor market. Barron’s reporter Kopin Tan points out for readers that the labor market...
Fed Warns of Dangerous Markets
In a study that could only be sanctioned by the independent (read unaccountable) Federal Reserve, the astute researchers at the Fed Bank of Chicago...
How to Trump the Average Trader
After a mini-correction to begin the year, the stock market has staged an impressive rally. The Dow has risen 5.6% in only two weeks...
Fed President Proves Common Sense Innate
Trying to prove that common sense and good judgment must be innate, Narayana Kocherlakota, the President of the Federal Reserve Bank of Minneapolis and graduate...
Household Balance Sheets Send Ominous Signal
The Federal Reserve released its quarterly flow of funds data yesterday. One of the key items in the Fed’s quarterly report is the net...
Bernanke’s Jobs Farce
Matthew Klein at Bloomberg is out with an insightful piece on the folly of the Bernanke Fed’s obsession with “the data.” As we’ve pointed...
7 Fed Meeting Takeaways for Investors
Below are some thoughts on the implications of the Fed’s dovish surprise at yesterday’s FOMC meeting. The actual economic impact of the Fed’s decision...
Fed: Money Printing Not Effective After All
Five years after the initiation of the largest money printing campaign the world has ever seen, the Fed is finally coming to the same...
Bubbling (or Just Frothy) House Prices?
Here is a blast from the past. I came across this little nugget while doing some work on real estate. The title of the...
The Hubris of the Bernanke Fed
The hubris of the Bernanke Fed is more astonishing with each passing day. As The Wall Street Journal reports:
Fed officials on Thursday echoed their...