It was FED day! As was expected, there was no change in the formal interest rate policy. However, watching the press conference was interesting in that Mr. Bernanke hinted several times at additional monetary stimulus that was ready to be provided – if necessary. (Watched on Bloomberg iPad TV application...
The team over at Bloomberg puts out a daily economic piece that is probably one of the best in the business. They have recently begun to add word clouds as a way of seeing trends in a different manner. Below is the last six Fed Minutes, out together so that...
The FOMC released the minutes from the meeting on June 21st – 22nd which gave us a little bit of insight into their thought process for future statements. As it turns out, there really isn’t too much information to pull out of here. However, we will break down...
The Fed basically said that they are going to continue on the current path as they do not see any improvement in the employment situation. It appears that many market participants were hoping for a increase to the QE2 quota as they be3at down the dollar and bought back bonds...
Thursday, had all the makings of good day as we saw several positive signs from the markets. Corporate earnings were coming in better than expectations across the board from the likes of Lubrizol (LZ), Potash (POT) and on the whole numbers and guidance in Europe were...
