FA Mag – Mishkin: Fed To Save Us From Infantile Congress, Weak Obama, Tea Partiers Thank God for the Fed, particularly incoming Fed chairman Janet Yellen and vice chairman Stanley Fischer. The new Jan and Stan show at the Fed is all that stands between modern civilization and a dysfunctional government, former Fed governor Frederic… Continue reading The Sycophantic Fred Mishkin
Yahoo Finance – Jim Cramer: Yes the market is rigged, but you can still win Of course, Cramer’s recommendation is not that you should ‘walk away’ from the market. Instead, “you’ve got to just roll with the punches and come up with a long-term view,” he says, noting high-frequency traders and most hedge funds are… Continue reading Cramer’s New Book: Get Rich Carefully
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The Wall Street Journal – Yellen: Fed Likely to Cut Bond Buys in Steps if Needed Fed Chairwoman Says U.S. Labor Market Recovery ‘Far From Complete’ The new leader of the Federal Reserve, Janet Yellen, Tuesday told lawmakers she expects there to be “a great deal of continuity” in the central bank’s policies in testimony… Continue reading Yellen Speaks Today
House of Representatives Committee of Financial Services – February 11, 2014, Full Committee Hearing Entitled “Monetary Policy and the State of the Economy” Federal Reserve Chair Janet Yellen, who was sworn into office on February 3, 2014, and will be testifying before Congress for the first time as Fed Chair, will be the sole witness… Continue reading QE Critic Panel To Follow Yellen
Business Insider – Here’s How Trading Volume Relates To Stock Price Moves What was unusual about January’s stock market trading was the volume. Importantly, the stock market and trading volume have not been on friendly terms in recent years. In fact, over the past five years’ low-volume days (when stock trading volume is below its… Continue reading A Note On Volume & Conviction
The Wall Street Journal – Perils Mount As Debt Costs Swell in China Dangers Include Slower Growth, Weaker Profits and Potential Defaults Borrowing costs for Chinese companies are rising strongly, a shift that could herald weaker corporate profits, slower economic growth and even the first defaults by indebted corporations on the mainland. Driven by a… Continue reading China
<Click on chart for larger image> Real Time Economics (WSJ Blog) – ECB Has Become Harder to Predict Under Draghi European Central Bank President Mario Draghi has done a good job recently of keeping markets and observers on their toes. Veteran followers of the central bank’s moves say that he has developed a reputation of… Continue reading Uncertainty In Europe
The Wall Street Journal – Who’s Right About Rising Prices: the Public or the Fed? If you want to find the place where the public and economics professionals are least in agreement, the inflation outlook is your first stop. Simply put, the American public expects there to be considerably more inflation in the future relative… Continue reading What Is Inflation? Depends Who You Ask
Deciphering The Taper’s Effect On The Markets A transcript of the February 7, 2014 conference call. Audio Link of Conference Call Handout (also shown below) [hana-flv-player video=”https://www.biancoresearch.com/bianco/SubscriberArea/020714.flv” width=”600″ height=”495″ description=”” player=”3″ autoload=”false” autoplay=”false” loop=”false” autorewind=”true” splashimage=”https://www.biancoresearch.com/bianco/wp-content/themes/twentyten/images/splash.jpg” /] <Click above to view webcast> [pageview class=”PDFViewer” url=”https://www.biancoresearch.com/bianco/wp-content/plugins/PDFViewer/plugin.php?id=173″] Audio [audio:https://www.biancoresearch.com/bianco/SubscriberArea/020714.mp3|titles=Conference Call ]
Comment On Friday we hosted a webcast titled Deciphering The Taper’s Effect On The Markets. Please find the mp3, webcast and handout below. The transcript will be available later today. Handout [pageview class=”PDFViewer” url=”https://www.biancoresearch.com/bianco/wp-content/plugins/PDFViewer/plugin.php?id=173″] Audio [audio:https://www.biancoresearch.com/bianco/SubscriberArea/020714.mp3|titles=Conference Call ] Webcast [hana-flv-player video=”https://www.biancoresearch.com/bianco/SubscriberArea/020714.flv” width=”600″ height=”495″ description=”” player=”3″ autoload=”false” autoplay=”false” loop=”false” autorewind=”true” splashimage=”https://www.biancoresearch.com/bianco/wp-content/themes/twentyten/images/splash.jpg” /]