Adverse Feedback Loop
Janet Yellen and other Federal Reserve officials made some interesting statements this week. I copied and pasted a paragraph from her speech below. The key point is her comment about a negative feedback loop. I do think there is something to be said about the psychology of the markets, as one does wonder...
Inflation Fear
Having just recently conceded that recession is either already here or coming very soon, stock market investors are now persuading themselves that there is already light at the end of the tunnel. The Fed’s interest-rate cuts, combined with economic stimulus from Washington, will ensure a soft landing...
Q4 2007 Earnings Down -20.7% – Think Again
Corporate profits for Q4, 2007 are shaping up to appear downright UGLY. Compared to the year ago period, Thompson Financial says S&P 500 earnings will be off more than 20%. You have to look under the hood to get more details. If you strip out financials, and their massive write-downs, the result...
ISM Whopper Sends Yields Lower!
Today’s ISM Survey sent bond yields back into a recession tailspin. Here’s the report: The Institute for Supply Management reported that its index of service sector business activity declined to 44.6 in January from a revised reading of 54.4 in December. Economists surveyed by Thomson Financial/IFR...
This website is brand new. In fact, if you’re reading this post, you’re one of the few with access to this information – as we haven’t revealed most of its content to the rest of the world yet. That said, we’ve already begun posting some very valuable content in our free...
