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Category Archives: Fed
Tuesday Market Preview $$
Strange day today with the all day drift and closing under the important 1051 area on the S&P. I honestly think today, and this week is crap – low volume and stupid moves in both directions expected. Next support level … Continue reading
Posted in Fed, Markets
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Housing getting worse-Market not loving it $$
So as we go into the fall with almost 5% foreclosure and this glut of new/pre-owned homes out there we expect more pain. No buyer is in a hurry to buy anything and they definitely will not be paying up. Hearing … Continue reading
Posted in Fed, Housing Market, Markets
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Wednesday pre-markets
U.S. stock index futures pointed to a lower open on Wall Street on Wednesday, as the Federal Reserve’s gloomier assessment of the economy rattled investors and the central bank’s measures to support the fragile recovery failed to reassure world markets. … Continue reading
Posted in Fed, Markets, Stocks
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PIMCO calls for no Fed Action- But their forcasts are often wrong
The following article, orginally from Bloomberg, talks about Bill Gross and his interview on Bloomberg. In the interview he stated that the Fed is on hold for a long, long time. A good read–but check out Barry Ritholtz’s post about … Continue reading
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Rocky Road for the Economy
from The Wall Street Journal The worst recession since the Great Depression has left a scorched landscape that will weigh on the labor market and the broader economy for years to come, according to economists in the latest … Continue reading
Is the Dollar Dead?
The G-20 has decided to take up the newest rallying cry of the anti-Americans–DUMP THE DOLLAR–. This is fitting in too well with the US President Obama’s speech the the UN on Wednesday when he called for a new world … Continue reading