Tag: Federal Reserve

The Fed Changed Strategy On Interest Rates – Here’s What It Means

| February 1, 2019 | 0 Comments
The Fed Changed Strategy On Interest Rates – Here’s What It Means

The Federal Reserve just took the monetary policy equivalent of a sharp 90-degree turn. On Jan. 30, the U.S. central bank signaled that it was done raising benchmark interest rates after two years of aggressive rate hikes. As such, the Fed held its target rate steady at a range of 2.25 percent to 2.5 percent. […]

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Dow Drops 832 Points In One Day – Has A Correction Begun?

| October 12, 2018 | 0 Comments
Dow Drops 832 Points In One Day – Has A Correction Begun?

The stock market experienced one of the worst days of the year on Wednesday. The Dow Jones Industrial Average fell 832 points, more than 3%, the biggest lost since 8 months ago on February 8th. The S&P 500 dropped 3.3% to 2785.68. But the biggest losing major index was the Nasdaq Composite, which tumbled 4.1% […]

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Mortgage Rates Under 3%?

| September 20, 2011 | 0 Comments

Ben Bernanke and the Federal Open Market Committee (FOMC) are meeting in Washington this week. They’re saddled with the most unenviable of jobs.  They’re trying to keep the economy afloat in a storm of negative economic data. The problem is the Fed has already fired most of its ammunition. They’ve lowered short term interest rates […]

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Ben Bernanke Says “Buy Stocks”!

| August 10, 2011 | 0 Comments

Don’t take it from some CNBC analyst.  Don’t listen to Bloomberg. Heck… don’t even take it from me. The best part is you don’t have to.  Because we just got it direct from the horse’s mouth! That’s right.  We heard direct from the source that it’s time to get back into the market.  Folks… your […]

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US Economic Recovery: Hey Ben… It’s Time To Put On Your Bathrobe!

| March 4, 2011 | 0 Comments

Last weekend I got a head start on my spring cleaning.  I was going through my clothes closet when I came across something I had forgotten all about.  It was a T-shirt commemorating my dad’s 60th birthday party. I can’t believe that was ten years ago. I picked up the shirt and memories from the […]

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Sarah Palin Doesn’t Understand Economics

| November 18, 2010 | 0 Comments

It’s comical just how many politicians and members of the media have no understanding of economics.  No clue.  This utter lack of economics comprehension couldn’t be more apparent than with my least favorite politician, Sarah Palin. For whatever reason, the media loves Palin.  Every speech she gives is covered by the news, ad nauseum.  Now, […]

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Federal Reserve: Quantitative Easing 2 Is A Dangerous Game

| November 5, 2010 | 0 Comments

In the classic 1955 film, Rebel Without A Cause, 17-year old Jim Stark (played by James Dean) is pressured into playing a high-stakes game to resolve a dispute with school bully, Buzz Gunderson (played by Corey Allen).  After Jim triumphs over Buzz in a knife fight, Buzz tries to regain his pride by challenging Jim […]

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Where Big Ben Tells Us To Invest…

| October 18, 2010 | 0 Comments

At just before 4:00 am on Friday morning our local pack of coyotes started howling. I’m certain they caught a rabbit and were enjoying a late dinner (or would that be an early breakfast?). Our three large dogs decided to earn their kibble for the week. In unison all three dogs started barking… loudly. Needless […]

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Are The Markets Rigged?

| April 23, 2010 | 0 Comments

The market rally of the past year has been a whopper.  It has gone up farther and lasted longer than most thought possible. Each passing day brings more upside.  With few exceptions, the market is treating all news as good news.  The market is starting to seem like a one way street…. straight up. For […]

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What’s Killing The US Dollar?

| September 24, 2009 | 0 Comments

The question of the day is simply, “What’s killing the US Dollar?”  I wish the answer was easy, but like most things in life, it’s a bit complicated.  The problem is… there are too many correct answers. It’s like all the Roman Senators stabbing Julius Caesar – “Et tu Brute?” Individually they all caused damage.  […]

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