The Institute for Supply Management has issued its reading for January non-manufacturing and the data is strong. Very strong. At 56.8, this is the best reading in almost a year. Dow Jones…
Treasuries are seeing a continued slide as the impact of QE2 and raised economic projections along with higher inflation in China. The 10-Year Treasury hit a yield above 3.39% and that marks…
QE2 has so far had no impact on keeping Treasury bond yields lower. Lower taxes, higher deficits, European bailouts, and a still-present race by nations devaluing currencies are all to blame. The…
Berkshire Hathaway Inc. (NYSE: BRK-A) has recently released its quarterly holdings and the changes were more than in any recent quarter. This morning CNBC has been interviewing Warren Buffett about his opinions…
The elections are over and the Republicans took over the House but not the Senate as expected. Today is D-Day for Quantitative Easing or QE2… Decision Day. Now it is time to…
It is no secret that the elections are Tuesday, November 2, and it is no secret that the FOMC under Ben Bernanke will begin the November FOMC starting November 2 and a…
Quantitative easing, or QE2, is coming to a head. What we will see depends upon whom you ask, and the verdict seems to depend on the direction of the wind each day. …
Maybe the markets felt directionless for most of Friday ahead of earnings season, but the trading action of this week might make some wonder if a Double-Dip Recession is less likely. The…
There is always one interesting notion when there is a day that the market has fallen out of bed. There are almost always some stocks which rally because of news or developments,…
The big technical level in the S&P 500 Index was 1,085, but that feels like some time ago. There is no magic trick on a technical level of 10,000 on the Dow…
Maybe it is time after a 50%+ gain in the major equity indexes, or maybe it is just everyone getting into the October bearish mode. We are hearing more and more calls…
Today, Bernanke & Co at the FOMC gave us their rate decision. The FOMC has decided to the Fed Funds Rate 0.25% to 2% and the Discount Rate by 0.25% to 2.25%.…
This morning we saw the release of the Producer Price index, or wholesale inflation. Inflation is the key word today. The headline PPI number for November came in at +3.2%. The core-PPI…
Douglas A. McIntyre The FOMC did just come out and issue its discount on interest rates today. We saw a 0.25% RATE CUT FED FUNDS and we saw a 0.25% RATE CUT ON THE DISCOUNT…
The FOMC gave its first of its quarterly outlooks for the years ahead: The FOMC now sees slower GDP growth, raised unemployment, and somewhat reduced inflation. Real GDP Growth expectations have been…
