Good News — No Inflation in February!

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 [...]

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The Fed’s Next Move? It’s irrelevant.

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 [...]

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