“Sentiment [on treasuries] has probably gotten too bearish given the current set of news.” – Tony Crescenzi (subscription required), Chief Fixed Income Strategist, Miller Tabak The sell-off the last three days has been entirely about interest rates. Higher interest strain…
December was strong with year-over-year growth in terms of orders in the high teens. But January’s growth was less than we expected with order growth rates of approximately 10%. …….. Therefore our revenue guidance for Q3 fiscal year 2008 including…
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 hand corner of the website. …
It is also clear that we are not immune to the effects of the economy. Consumers and businesses have reined in spending, which is affecting PC shipments and IT expenditures. – Steve Ballmer, Microsoft CEO, in a memo to employees…
On Monday we had a mid afternoon swoon as the impetus from the Fed move began to wear off. But markets recovered on news of a Tuesday morning meeting between Bernanke, Treasury Secretary Paulson and Senate Banking Committee Chairman Christopher Dodd….
When I started Top Gun – before Nick Timiraos assumed the post of Fed Whisperer – that role was filled by Jon Hilsenrath. That’s why Hilsenrath’s piece in this morning’s WSJ is worth scrutinizing for clues about the Fed’s strategy…
