Frederick J. Sheehan is the author of Panderer to Power: The Untold Story of How Alan Greenspan Enriched Wall Street and Left a Legacy of Recession (McGraw-Hill, 2009) and “The Coming Collapse of the Municipal Bond Market” (Aucontrarian.com, 2009…
Tag Archive for Household Spending
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FRB: Testimony–Bernanke, Economic Outlook and Policy–June 7, 2012
by Lee Adler • • 0 Comments
Chairman Casey, Vice Chairman Brady, and other members of the Committee, I appreciate this opportunity to discuss the economic outlook and economic policy. Follow the money. Find the profits!Liquidity is money. Regardless of where in the world that money originates, eventually it flows to and through Wall Street. So if you want to know the…
Latest Business Headlines
UK Retail Spending Flat in May- Visa
by Newswires • • 0 Comments
Latest data showed that household spending in the UK was flat during May, following a sharp fall in April. The underlying trend in spending remained weak, with an accelerated decline seen on the 3m/3m measure (-1.1% in May, compared to April’s -0.7%). Follow the money. Find the profits!Liquidity is money. Regardless of where in the world that money originates,…
Bears Chat, Best of the Forums, Lee's Free Thinking, Must Read
FOMC Statement and Watch Live Dog and Pony Show Here at 2:15
by Lee Adler • • 2 Comments
For immediate release
Information received since the Federal Open Market Committee met in December suggests that the economy has been expanding moderately, notwithstanding some slowing in global growth. While indicators point to some further improveme…
Bears Chat, Best of the Forums, Must Read
FOMC Statement
by Bears Chat at The Wall Street Examiner • • 0 Comments
http://www.federalreserve.gov/newsevents/press/monetary/20111213a.htm
Release Date: December 13, 2011
For immediate release
Information received since the Federal Open Market Committee met in November suggests that the economy has been expanding mo…
Liquidity Trader Complete
My FOMC Statement
by Lee Adler • • 0 Comments
The Fed’s anointed ones in the media and in the earlier release of the TBAC statement this morning said that the Fed would do $100 billion a month in purchases of longer term Treasuries. Lo and behold the Fed came in light at $75 billion a month, disappointing the market initially. This is more than…
Bears Chat, Best of the Forums
Even the Queen takes a spending hit
by a Wall Street Examiner •
Total Royal Household spending will fall 14 percent in 2012-2013, grants to the household will be frozen in cash terms.
http://www.reuters.com/article/idUSTRE69J3TI20101020
“The Household obviously has some challenging times ahead, like many areas of…
