Sample Our Reports, Presentations, & Market Insights
Comment On January 15, 2010, the Federal Reserve added the following announcement to its usual weekly release of banking statistics (H.8 data): Supplementary Information Regarding Banks’ Adoption of FAS 166 and 167 The effects of banks’...
Today (March 16) the FOMC meets. It is the first regularly scheduled one-day meeting since September 16, 2008, two days after Lehman filed for bankruptcy and the day the Federal Reserve approved an $80 billion loan to AIG. (the FOMC has conducted...
The Nikkei-NASDAQ Analog Enters Make-or-Break Zone The analog between the Nikkei 225 and the NASDAQ Composite is entering a critical zone.
Bloomberg.com – Fed in Talks With Money Market Funds to Help Drain $1 Trillion The Federal Reserve is in talks with money-market mutual funds on agreements to help drain as much as $1 trillion from the financial system as policy makers prepare...
Bond Returns In The Last High-Inflation Era A look back at history offers a guide for the inevitable outburst of inflation following excessive monetary stimulus.
January Total Return Review: Dispelling Common Seasonal Myths The attached tables and comments update the total returns through January. Seasonal patterns are very popluar near the beginning of any year. While interesting, they often need to be...
Are Higher Rates Sending A Signal Audio Link To Conference Call Webcast A transcript of the January 14, 2010 conference call.
Bloomberg.com – Fed Discusses Limited Bond Sales to Withdraw Stimulus Federal Reserve officials are considering a proposal to schedule limited sales of bonds from the central bank’s $2.2 trillion balance sheet as part of a range of tools for...
The Big Picture (blog) – Time Capsule Post (2010 Forecasts) — Open One Year Hence I hereby invoke Bob Farrell’s Rule #9: When all the experts and forecasts agree — something else is going to happen. <Click on chart for larger image>...
Inflation Prevention Via Dysfunctional Commercial Banks The battle against future inflation rests with the commercial banking system’s failure to convert excess reserves into credit.
Earlier today we posted “What Should We Make Of Negative T-Bill Rates?” We concluded: What caused the downdraft this week? Here we agree with the seasonal argument highlighted above. Bills that mature in 2010 are in demand. This begs...
Municipal Bonds’ Stress Level Rising Anew Municipal bond stress levels are rising with prospects for more of the same.