The Fed added a net of $1.25 billion to the market on Thursday. The operations consisted of $11 billion in 14 day, $8 billion in…
The following piece is adapted from a letter to a friend, discussing economist Nouriel Roubini’s “The Twelve Steps to Financial Disaster“; his explanation of why the Fed suddenly aggressively cut rates in January.
I completely agree with Roubini’s assessment as to the severe risks the economy faces. But he is wrong, wrong, wrong and CLUELESS […]
Lee Adler and Aaron Krowne talk about the latest happenings in the financial markets, with a focus on the growing problems in the credit markets, and the collapse of US Government finances that could cause interest rates to rise.
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People are asking questions about TIOs again. TIOs are very short term loans by the Treasury to businesses when it has received tax receipts that…
A poster at Capitalstool.com took issue with my comments that we shouldn’t assume that just because one group moves another will follow. Doc, i’ve pointed…
Today’s gold stock screens and data, along with cycle conditions and projections for gold and HUI index, and Chart of the Day picks for swing…
The broader market averages poked their heads above a key downtrend line on Wednesday, as intermediate indicators continued to strengthen off the lows. But does…
Everyone has this idea that stock prices are “telling us something” about something else, like the economy, or the price of another kind of stock.…
The Fed pulled cash out of the market for the first time in a week on Wednesday, draining a net of $7 billion with $3.75…
The National Association of Home Builders reported an uptick in its Housing Market Index on Tuesday. Today, however, the Mortgage Bankers Association reported a sharp…
