Federal Reserve Archive
Top Gun FP Client Note: Moment Of Truth Nears For The Fed
NOTE: Every week I write a Client Note for my clients. For a limited time, I am allowing non-clients to sign up and receive the Client Note. You can sign up at the top right ...
Posted by Greg Feirman · No Comments »
WSJ: The Dollar Is Driving Financial Markets
We've got this very unstable situation in which Fed policy is dictating the behavior of so many assets. The dollar is at the nexus of this.
- Dean Curnutt, President, Macro Risk Advisors, quoted in "Dollar ...
Posted by Greg Feirman · No Comments »
Tremendous David Einhorn Speech Monday At The Value Investing Congress
October 21, 2009 · Category: Business and Investment Philosophy, Federal Reserve, Gold, Government, Macro Economics
I really respect David Einhorn because he has evolved from a pure value investor into recognizing the importance of macro. Anybody who doesn't recognize that at this point is going to pretty useless going forward. ...
Posted by Greg Feirman · No Comments »
Commentators Start To Call It A Bubble
October 19, 2009 · Category: Federal Reserve, Macro Economics
IT'S TIME FOR THE FEDERAL RESERVE TO STOP talking about an "exit strategy" and to start implementing one.
There's no need for short-term rates to remain near zero now that the economy is recovering. The call ...
Posted by Greg Feirman · No Comments »
NY Times: Fed Is Split Over Timing of Rate Rise
October 9, 2009 · Category: Federal Reserve, Macro Economics
Fissures are developing among policy makers at the Federal Reserve as they debate how and when to start raising the benchmark interest rate from its current level just above zero.
- "Fed Is Split Over Timing ...
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NY Times: Securitization Market Completely Dependent On Govt Programs
The securitization markets are dead.
- Robert Shiller, Economist, Yale University
Click here for larger graphic
Fascinating and important article on the front page of today's New York Times Business section showing that the securitization markets are completely ...
Posted by Greg Feirman · No Comments »
Top Gun FP Client Note: The Crack Based Economy
September 29, 2009 · Category: Federal Reserve, Government, Macro Economics, Market Commentary, Real Estate, Top Gun Financial Planning
NOTE: Every week I write a Client Note for my clients. For a limited time, I am allowing non-clients to sign up and receive the Client Note. You can sign up at the top right ...
Posted by Greg Feirman · No Comments »
A Stab At Resolving The Inflation/Deflation Debate
There is a great debate raging between students of monetary economics. On the one hand, there are the deflationists who point to the massive deleveraging in the housing, mortgage, credit and stock markets. The fall ...
Posted by Greg Feirman · 2 Comments »
Pearlstein: A New Bubble Of The Fed’s Creation
Steve Pearlstein is one of the best in the business. Today's column is a gem:
Yes, the financial crisis has passed and the economy is growing again, but there's a good chance that growth will be ...
Posted by Greg Feirman · No Comments »
Two Subtle, Significant Changes To The Fed Statement
September 23, 2009 · Category: Federal Reserve, Market Commentary
There were two subtle but significant changes to today's Fed statement (FOMC Statement Sept 23) compared to the one from August 12:
(1) Upgrade Of The Economy -
The Fed now says that "economic activity has picked up ...
Posted by Greg Feirman · 1 Comment »
