hblodget Peter Thiel’s hedge-fund collapses, down 17% on year. (Assets down by ~90% to $700mm) http://read.bi/9K66Uz
The “Insiders” are gettin’ outta Dodge!
Hmmm. Perhaps they know something bad is coming for the Wall Street Casino…
As the Dow, Nasdaq, and S&P have been steadily climbing over the past few months and showing snapshots of recovery, the truth of t…
Bernanke- “This approach eased financial conditions in the past and, so far, looks to be effective again. Stock prices rose and long-term interest rates fell when investors began to anticipate the most recent action…
higher stock prices will boo…
And Europe is completely ramped and camped–a total flatliner. God these guys are good. I don’t think Tiger could stick it up that tight and hold it there (which, I just realized, is a very ambiguous metaphor.)
The writer is chairman of the Federal Reserve Board of Governors.
What the Fed did and why: supporting the recovery and sustaining price stability
By Ben S. Bernanke
Thursday, November 4, 2010
Two years have passed since the worst financial crisis …
Good piece by Barry Ferguson on Bernanke’s QE2, posted today on FinancialSenseOnline. Welcome to The Night of The Living Fed….
The Federal Reserve met today (11/3/10) and made one of their most anticipated announcements. The wonderful and all-power…
some thoughts on today’s turmoil and tumult:
TLT price dropped 3.75% high to low in 130 minutes. No QE2 has been spent and “mission accomplished!!!” Inflation is accepted. Are higher rates good for a struggling consumer, or the economy, commercial …
Republicans make sure that the documentary record is preserved so that they have something to investigate
http://thehill.com/homenews/house/127457-gop-likely-to-urge-obama-officials-not-
to-shred-documents
Minutes of the Meeting of the Treasury Borrowing Advisory Committee Of the Securities Industry and Financial Markets Association
November 2, 2010
The Committee convened in closed session at the Hay Adams Hotel at 9:03 a.m. All Committee members …
I wonder if this velocity chart scared the Fed
The feeble uptrend in MZM velocity (after the big fall of 2007-9) has stalled and appears headed south again
Same pattern in M2 velocity
All hands, all hands, man the printing stations!