September 20, 2012
Comments Off on [video] September Philly Fed Survey Press Conference
Source: Philadephia Federal Reserve Firms responding to the September Business Outlook Survey reported nearly flat business activity this month. The survey’s indicators for general activity and new orders both improved from last month but recorded levels near zero. Firms reported continuing declines in shipments, employment, and hours worked. Indicators for the firms’ expectations over the […]
September 11, 2012
Comments Off on Is U.S Economic Growth Over? Should The Fed Abandon QE3?
August 22, 2012
Comments Off on The Fed Meeting Minutes Show No Real Intent To Start QE3
After reading the minutes from the Federal Open Market Committee meeting held on July 31 – August 1, 2012 it was clear to me that there is no intent by the Federal Reserve to carry out QE3. Since I want you to finish reading this before you fall asleep I am simply going to highlight what the […]
August 16, 2012
Comments Off on [video] August 2012 Philly Fed Survey Press Conference
The August philly press conference. Sometimes the Q&A can add color to the headline and press release. Most Recent Articles Published Exclusively at Seeking Alpha July Producer Prices Show Surging Farm, Mixed Fertilizer Prices USDA Slashes Corn Estimates As Expected, Prices Remain Range Bound Are Unyielding Corn Prices Zapping U.S. Exports? Recent Blog Posts At […]
August 7, 2012
Comments Off on Bill Gross Says Draghi & Friends Want Your Money
Bill Gross is correct. Europe has been trying to entice private investors (read:small) to finance bailouts by purchasing bonds since default problems became critical in Greece. If neither central or private banks want to assume this risk why would small private investors? Most Recent Articles Published Exclusively at Seeking Alpha Taking A Closer Look At […]
July 27, 2012
Comments Off on Did Draghi Write A Check His A$$ Can’t Cash?
On Thursday ECB President Mario Draghi that the central bank is ready to do “whatever it takes to preserve the euro”. This largely ambiguous statement has sent markets soaring. Has he considered what is essentially right around the corner… Additionally, The following WSJ articles asks if Draghi May Be Doing the Euro a Disservice. Only time will tell.
July 25, 2012
Comments Off on David Stockman on the US Economic Recovery
Casey Research’s Chief Technology Investment Strategist Alex Daley sits down with David Stockman, former Director of the Office of Management and Budget under President Ronald Reagan. About 30 minutes in length…