Tags » Federal Reserve

False Money

Money is supposed to be a reliable medium of exchange, but the one used today is filled with such controversy that “the most marketable commodity” is becoming more and more untrustworthy. 1,440 more words


Fed Nonsense and Error Bars

Today’s news was the Employment number. I am not going to talk a lot about the number, since the January jobs number is one of those releases where the seasonal adjustments totally swamp the actual data, and so it has even wider-than-normal error bars. 1,065 more words

Federal Reserve

February 5, 2016

Stocks sank at the open (Dow -119 pts; SPX -1.59%). Telecoms and utilities are in green, but all other sectors are lower. The VIX Index is up to 22.9, and has been elevated over 20 since the beginning of the year. 553 more words

Why the Fed's Interest Rate Plans May Get Turned Upside Down

Updated on 2-5-16 at 9:20 A.M.

This year was supposed to be when everything went back to normal. Instead, the economy could get a lot weirder. 862 more words


Italian view of US election

A side trip to Florence showed similar reaction to global recession with merchants deeply discounting their wares.

Seeing 50% to 70% off perhaps slightly elevated products in stores as well as cart vendors. 77 more words