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courtesy U.S. Federal ReserveThe Minutes from the September 17 to 18 FOMC meeting are not going to give the bulls nor the bears the smoking gun that they needed to build a case for a major rally nor...
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Federalreserve.govNow that Janet Yellen is reportedly being appointed as the next chairman, or chairperson, of the Federal Reserve, the markets may get what they really wanted all along. Yellen...
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ThinkstockWho buys U.S. debt in the case of a default? The simple answer is no one. However, that almost certainly is untrue. There is always someone, or some group, who has the guts of a riverboat...
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ThinkstockAfter the market implosion of 2007 and 2008, the major U.S. banks were all reeling from the same disease. The housing bust and the slew of horrible mortgage backed securities deals that...
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Jon OggNow that it is a new month there is a new investment outlook from Bill Gross of PIMCO, who is often referred to as the “bond king” or “king of the bond market” by the financial media....
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ThinkstockDespite all the economic improvements and the controversy around whether Ben Bernanke should have tapered the bond buying, the Conference Board is showing a slight drop in the latest...
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courtesy U.S. Federal ReserveWe provided live coverage on the matter for about two hours before, during, and after the FOMC announcement, the Fed forecasts, and then in the Ben Bernanke press...
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ThinkstockIn its announcement Wednesday afternoon, the FOMC cited concern over recent developments in the housing market as a reason to maintain its asset purchase program at $85 billion a month. In...
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courtesy U.S. Federal Reserve24/7 Wall St. has been surprised by the FOMC with the decision not to begin tapering its $85 billion per month in bond buying. The markets were surprised too, because the...
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ThinkstockWith this September Federal Open Market Committee (FOMC) meeting being a two-day one, we have a lot more to expect than just the statement with the policy decisions. Chairman Ben Bernanke...
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courtesy U.S. Federal ReserveIn the scheme of things, as far as the size of the economy and the massive amounts of credit capital that wash around the financial markets like a huge ocean, $10...
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ThinkstockIt was no secret that Larry Summers, the former candidate to replace Ben Bernanke as the chairman of the Federal Reserve, was no big fan of the current easy money policies. The two...
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ThinkstockThe logic behind why Larry Summers withdrew himself as a candidate to be the next Federal Reserve chairman is mixed, even with him issuing a letter explaining that he did not want to create...
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courtesy U.S. Federal ReserveLarry Summers has lost his chance to be chairman of the Federal Reserve, brought down by arrogance, missteps as president of Harvard and close relationships to Wall...
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ThinkstockThe Federal Reserve reported on Monday afternoon that total outstanding U.S. consumer credit rose 4.4% in July, from a revised estimate of $2.842 trillion in June to $2.852 trillion. A...
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