Part two of a two-part series. There were big price shifts up and down in August, making it difficult to pick up a clear signal about inflation. However, if consumers…
Taper Tantrum Two
Call it Taper Tantrum Two. Two of the 12 members of the Federal Open Market Committee suggested on Thursday that it’s time to raise interest rates, causing the Dow Jones…
Bad News – The Economy May be Recovering
“This is what it sounds like when doves cry.” …
The QE Apocalypse
The end is near. The Federal Reserve Board has now put a date on the quantitative easing apocalypse, letting us know that bond buying will end in October – unless…
The Fed Goes Long
Few investors today would consider investing in long-term Treasury bonds. The yield curve, which measures the spread between interest rates for short-term and long-term bonds, is not as flat as…
Mission Not-Quite Accomplished
Remember when the announced goal of quantitative easing (QE) was to reduce the unemployment rate to 6.5%? It’s now 6.6% and heading down. So can we expect QE to finally…
At The Fed, Saying Trumps Doing
President Obama’s campaign slogan for last year’s election was “Forward.” The Federal Reserve Board’s slogan in the coming months may be “forward guidance.” According to Goldman Sachs, The Fed is…