Posted by Davy Bui on March 14th, 2008 in Market Commentary
Get the details here:
Inflation Flat in February
Supposedly, this gives the Fed room to cut. I guess all that talk about inflation being a lagging indicator goes out the window when sh*t hits the fan. Of course, the bad news at Bear Stearns isn’t a surprise — Msr. Merrano of Bear Stearns had said [...]
Posted by Davy Bui on October 8th, 2007 in Gurus, Market Commentary
While Ben Bernanke may be feeling quite proud of himself at the moment, the financial markets are pondering his next move. In the latest Barron’s, Randall Forsyth spends a whole article pondering Donald Kohn’s jawboning and its affect on fed-funds futures. Apparently, they are pricing in lower probabilities of further rate cuts.
Obviously, that market’s [...]