Archive for January 2010

Cassidy: Is Ben Bernanke Serious?

January 8, 2010  ·  Category: Federal Reserve, Macro Economics
Behind his white beard, Federal Reserve chairman Ben Bernanke has a wry sense of humour.  On reading his recent speech to the American Economic Association, in which he defended the Fed's actions during the housing bubble, ...
Posted by Greg Feirman  ·  No Comments »

John Taylor Responds To Bernanke

January 7, 2010  ·  Category: Federal Reserve, Macro Economics
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Senator Dodd Will Not Run For Re-Election

January 6, 2010  ·  Category: Politics
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Picerno On Bernanke’s Speech

January 6, 2010  ·  Category: Federal Reserve, Macro Economics
James Picerno has weighed in with two posts on Bernanke's recent "Monetary Policy and the Housing Bubble" speech.  Here are some excerpts: What's troubling is arguing that the Fed played no role in stoking the fires ...
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Picerno: The Price Tag For Damage Control

January 6, 2010  ·  Category: Macro Economics
The monetary and fiscal stimulus dispensed by governments around the world was arguably effective in containing a recession and staving off depression.  But if so, the question becomes: At what price? Nothing is free in economics ...
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Pisani: Still No Volume

January 6, 2010  ·  Category: Market Commentary, Technical Analysis
What's up with the volume?  The NYSE Consolidated Tape volume (all trading in all NYSE stocks on all exchanges), was 4.1 billion shares yesterday [Mon Jan 4], pretty anemic considering that we averaged over 5 ...
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Top Gun FP Client Note: Bernanke’s Sophistry

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 ...
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LA Times Profile of Ron Paul

January 5, 2010  ·  Category: Macro Economics, Politics
A lot of good ideas were shoved aside because of the Depression and the rise of the Keynesian view of the world. - George Selgin, Professor of Economics, University of Georgia, quoted in "Ron Paul's ideas ...
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Peter Goodman Revisits Cape Coral, FL

We're not in a recession.  We're in a depression. - Bobby Mahan, a local real estate broker Two years ago, Peter Goodman wrote an award winning piece on the real estate bust in Cape Coral, FL: "This ...
Posted by Greg Feirman  ·  1 Comment »

Goodman NYT: Divergent Views On Economy

January 5, 2010  ·  Category: Market Commentary, Sentiment Analysis
We're really coming back.  The expansion is picking up pace. - Allen Sinai, Chief Global Economist, Decision Economics You come back to the unfortunate reality that the underlying problems are still very much there.  It's going to ...
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