Articles

Selected category: US Govt and Economy

Since it's the last day in 2009, I thought it sense to take stock of the past year and post a few bonus charts to help digest what has gone on. Let's start with the general theme for 2009. If you're a deposit holder or living... Read →

It is tough to keep up with the market and all the news that gets released each week, even for the professionals. Every month we are given economic data in the form of indicators and these indicators help get a read on the econoomy.

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Last night, Bank of America announced that Brian Moynihan was selected by the board to become the next CEO. I was particularly interested in this because I worked for five years at Fleet when he led several groups there, including one that... Read →

One needs to only go to the local store or check retail commodity prices online to realize that there are no inflationary pressures at the moment.

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Inflation remained relatively tame last month as consumer prices rose 0.4% according to the Labor Department. Core prices, which exclude energy and food were flat.

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Take a look at the new legislation and weigh in on the debate regarding new laws giving the government and the people more say and control over big business.

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Major World Bank, Bank of America Merrill Lynch, Morgan Stanley and others weigh in on the economy for 2010.

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Spread in Treasuries signal more fears of inflation and concern over record pile up of debt due to Obama's spending programs.

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Pimco's Bill Gross says the Fed's monetary policy is designed to reinflate the economy by forcing investors to deploy their money into riskier investments. Investors are stuck in a catch22 - move money into riskier investments and potentially lose it; or keep it in low yielding accounts.

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Several Fed officials made speeches yesterday reiterating their support for keeping rates at 0% for the foreseeable future. They cite unemployment, unused capacity, and low inflation. I did a quick search and found that this is precisely... Read →
Former Bank of England policymaker William Buiter says that investors should shun Treasuries because it is almost certain the US will have to raise rates next year. In an interview with Bloomberg Radio, he said: "Rates will have to... Read →
Real gross domestic product -- the output of goods and services produced by labor and property located in the United States -- increased at an annual rate of 3.5 percent in the third quarter of 2009,(that is, from the second quarter to the... Read →
Economist Andrew Smithers, who recommended investors sell their equity holdings in 2000, now believes that the S&P 500 is 40 overvalued. As central banks cut back on quantitative easing, he believes stock markets will come back... Read →
U.S. home prices fell 0.3 percent on a seasonally-adjusted basis from July to August, according to the Federal Housing Finance Agency’s monthly House Price Index. The previously reported 0.3 percent increase in July was unrevised. For... Read →
Yields on 10-year Treasury Notes fell after data showed that inflation was tame in September and that the housing market is still far from recovery. The 10-year Treasury Note declined 7 basis points to 3.32%. Wholesale prices fell by a... Read →