Search

Newsclips

Did The Debt Ceiling Influence The Federal Reserve’s Taper Decision?

October 3, 2013

Bloomberg.com – Rosengren Says Budget Conflict Warranted Forgoing QE Taper Federal Reserve Bank of Boston President Eric Rosengren, a consistent backer of record stimulus who votes on policy this year, said the Fed refrained from tapering its bond purchases last month because growth was lower than forecast and fiscal policy posed a risk to the… Continue reading Did The Debt Ceiling Influence The Federal Reserve’s Taper Decision?

Newsclips

Why The Draining Of Cushing Crude Inventories Is About To Accelerate.  Higher WTI Prices To Follow?

October 3, 2013

<Click on chart for larger image> Bloomberg.com – TransCanada Keystone Gulf Commissioning Seen by End of October TransCanada Corp. (TRP) expects to finish construction and begin commissioning the southern portion of its Keystone expansion by the end of October.  Linefill is expected to begin shortly thereafter, Les Cherwenuk, project director for the company, said in… Continue reading Why The Draining Of Cushing Crude Inventories Is About To Accelerate.  Higher WTI Prices To Follow?

---

Newsclips

Interesting Hedge Fund Facts

October 3, 2013

FT Alphaville (FT Blog) – Return of the living dead, hedge fund edition There are a lot of smart hedge fund managers out there, as well as a lot that are mediocre, lucky, or winging it. But it turns out they are outnumbered by the ranks of the discontinued, the dead, and the disappeared by… Continue reading Interesting Hedge Fund Facts

Newsclips

Is Obama Bearish On Stocks?

October 3, 2013

CNBC – Obama to Wall Street: This time be worried Wall Street needs to be genuinely worried about what is going on in Washington, President Barack Obama told CNBC in a White House interview Wednesday.  While gridlock in D.C. is nothing new, “this time I think Wall Street should be concerned,” Obama said.  “When you… Continue reading Is Obama Bearish On Stocks?

---

Newsclips

Negotiations Still Stalled

October 3, 2013

The Wall Street Journal – No Movement in Shutdown Standoff President Barack Obama and congressional leaders met Wednesday for the first time since the federal government shut down, emerging more than an hour later with no evidence of progress toward resolving their impasse over health care and government spending. With hundreds of thousands of federal… Continue reading Negotiations Still Stalled

Newsclips

Cartoons

October 3, 2013

Comment We highlighted a story last week that suggested the name matters more than the program.

---

Charts of the Week

Charts of the Week

October 2, 2013

Charts of the Week Topics Covered This Week Include: The Common Occurrence Of A Government Shutdown The Myth Of Cash On The Sidelines Credit Market Debt The Credit Market The Value Of Real Estate In The U.S. Part-Time vs Full-Time Jobs In The U.S. Household Net Worth Earnings & Revenue Expectations Japanese Inflation Disability And… Continue reading Charts of the Week

Newsclips

Discussing The Shutdown, Is Washington Demanding A Market Collapse?

October 2, 2013

Comment Jim Bianco was on Bloomberg TV yesterday discussing the government shutdown. To view the interview click on the image above. To view any of our recent interviews, click here. Today we are hearing more and more strategists and political types demand that the stock market collapse. They see a market collapse as the catalyst… Continue reading Discussing The Shutdown, Is Washington Demanding A Market Collapse?

---

Newsclips

Repeat After Me, There Will Be No Default (Even If The Debt Limit Is Breached)!

October 2, 2013

<Click on chart for larger image> Comment Again we argue that the breach of the debt ceiling on October 17  does not mean a debt default. This is just political propaganda designed to scare Washington into a deal. As we detailed below (and yesterday), the Treasury can prioritize payments to avoid a default. The problem… Continue reading Repeat After Me, There Will Be No Default (Even If The Debt Limit Is Breached)!

Newsclips

Is Washington Trying To Punish And Hurt The Economy To Get A Deal?

October 2, 2013

The Telegraph – US government shutdown: Barack Obama is presiding over the end of America’s superpower status For a country that is supposed to be the most powerful in the world, the fact that Americans have today woken up to find large swathes of their nation closed for business is humiliating. Thanks to President Barack… Continue reading Is Washington Trying To Punish And Hurt The Economy To Get A Deal?

---

Newsclips

List Of Economic Data Postponed Due To The Shutdown

October 2, 2013

Real Time Economics – How to Track the Economy During A Government Shutdown The U.S. government shutdown will halt releases of most official gauges of the economy. Private organizations produce some measures that could be used to track the economy, such as gauges from the Institute for Supply Management. Government organizations that operate outside of… Continue reading List Of Economic Data Postponed Due To The Shutdown

Newsclips

What The Federal Reserve Thinks Of The Shutdown

October 2, 2013

The Wall Street Journal – Justin Lahart: Fed Up With the Shutdown Unlike the 1990s, the Federal Reserve This Time Isn’t Likely to Take a Sanguine View of the Federal Government’s Move Investors are using the back-to-back U.S. government shutdowns of the mid-1990s as a guide to how markets and the economy will behave this… Continue reading What The Federal Reserve Thinks Of The Shutdown