Tag: federal reserve
Big Ben moves the market
Published on August 12, 2009
There is plenty of action for investors to contemplate today. The Treasury is unloading record levels of debt. The Fed is wrapping up its buying spree. And the equities market is loving the action.
By Andrew Snyder, TodaysFinancialNews.com
Baltimore – (TFN): Blame it on the recent surge in the equities market. Blame it on an increasing appetite [...]
Dendreon drama: Gains are holding strong
Published on April 29, 2009
It is a good day for Wall Street and an even better day for Dendreon shareholders. Thanks to the Fed staying put and some good news about a cancer drug, investors have plenty of reasons to smile.
By Andrew Snyder, TodaysFinancialNews.com
Baltimore – (TFN): Wall Street likes few things better than a government report that says, [...]
Trickle down justice
Published on January 26, 2009
The worlds of politics, big business and crime seem to get closer and closer with each closing bell on Wall Street. Federal Reserve officials do not pay taxes. Banks beg for cash with one hand and write huge bonus checks with the other. And so-called investing gurus walk off with billions in stolen loot. No [...]
Bernanke steals OPEC’s power
Published on December 17, 2008
OPEC is meeting to discuss a major production cut. It’s goal is to boost prices back to the $75 level it deems fair. What it does not realize is the Federal Reserve has much more power than the cartel could ever dream of. Prices may rise, but it will not be because of an OPEC [...]
The real estate industry gets a favor from Bernanke
Published on December 3, 2008
The real estate industry just posted its strongest week in years. It is all thanks to the Federal Reserve and its latest stimulus program. Now is the time to buy real estate. Interest rates have not been this low for a long time.
By Andrew Snyder, TodaysFinancialNews.com
Baltimore – (TFN): Well look at that. Government intervention is [...]
The Fed hired who?
Published on November 4, 2008
The government is still up to its old tricks of hiring within the inner circle and frivolously spending huge sums of money. But at least this time, companies like General Electric (NYSE:GE) and Wells Fargo (NYSE:WFC) have a shot at some big money.
By Andrew Snyder
Baltimore – (TFN): With a resume like that, this guy [...]
Election-year economics: Another stimulus package?
Published on October 20, 2008
Capitol Hill is at it again. As if spending over a trillion dollars was not hard enough on the federal budget deficit, our left-leaning leaders want to throw even more free money into the economy. If you want a healthy economy, do not cash those checks.
By Andrew Snyder
Baltimore – (TFN): I used to think [...]
The Fed is buying. Should you?
Published on October 15, 2008
The markets remain highly volatile. JPMorgan (NYSE:JPM) and others announced surprise third-quarter earnings, yet the future is bleak. The more data we get the more I believe you should buy gold and short oil.
By Andrew Snyder
Baltimore – (TFN): America is a changed beast. What once was a country willing to go to war over [...]
ETFs: The real reason for the Fed’s AIG bailout
Published on September 17, 2008
“We can’t say we’re surprised. While workers at Lehman might feel somewhat aggrieved, it seems the Fed decided that AIG really was too big to fail.” — John Stepek
Blogger’s note: So why would the Fed bailout AIG after leaving Lehman Brothers hanging only days earlier? The real reason, according to John Stepek of the [...]
IndyMac (IDMC) First of Many Banks to Fail
Published on July 15, 2008
“Don’t let the name ‘regional banks’ fool you. We’re talking about some of the biggest banks in the US. The reality is that regardless of how much money the U.S. government pumps into Freddie and Fannie, the U.S. financial system is in big trouble.” — John Stepek
Blogger’s note: The Fed may have decided that Fannie [...]
The Fed’s Secret Weapon
Published on July 11, 2008
“The latest genius might be just what the U.S. Federal Reserve needs to restore order around here: She might even be able to bring credibility back to the global financial markets.” — Keith Fitz-Gerald
by Keith Fitz-Gerald
Baltimore – (TFN): Every market cycle has its genius.
Even a market cycle as wild and [...]
Dollar Bear: The Fed Can’t Fight Inflation
Published on June 26, 2008
“In announcing ‘no change’ in rates yesterday, the Fed pretends that its policy is perfectly calibrated to deal with the current economy. In reality however, the Fed is pinned down by a cross fire of inflation and recession.” — John Browne
by John Browne
Baltimore – (TFN): Cheerleaders will face [...]
Can the Fed Stop Inflation?
Published on June 24, 2008
“Soaring inflation means the credibility of the legal tender in your wallet is being called into question. In other words, does your dollar really have any value?” — Jack Crooks
by Jack Crooks
Baltimore – (TFN): All over the world, everyone from market analysts to your average grocery shopper has been buzzing about inflation lately. [...]
Dollar Bear: More Fed Means Less Money for You
Published on June 20, 2008
“What few economic leaders have acknowledged is that the Federal Reserve itself is responsible for the real estate and credit bubbles, which are the source of our current troubles. By keeping interest rates too low for too long, the Fed ignited a speculative fever and engendered a [...]
New York Is in Trouble & So Is the Rest of the U.S.
Published on June 19, 2008
“Whether the rest of the country likes it or not, both Wall Street and Washington place enormous confidence in the predictive powers of the Federal Reserve Bank of New York’s Empire State Manufacturing Survey.” — Adam Lass
by Adam Lass
Baltimore — (TFN): As goes New York, so goes the nation.
That motto may seem like typical NYC [...]
Oil Is the New Gold Standard
Published on June 17, 2008
“The Fed can no longer cheat with the money supply and get away with it. There is a new gold standard and it’s called ‘oil.’” — Byron King, Whiskey and Gunpowder
by Byron King
Baltimore – (TFN): Oil has become the “anti-dollar” of modern times. Oil is now serving as the [...]
Election 08: Who is better for investors?
Published on May 6, 2008
“Whomever wins the Democratic nomination is pretty likely to be our next President. So, as investors – whether Democrat or Republican – which of the two candidates should we be rooting for?” — Martin Hutchinson
by Martin Hutchinson
Baltimore — (TFN): With contests in both Indiana and North Carolina, today (Tuesday) probably marks the last of [...]
Fed Rate Cut: Bernanke’s silver bullets
Published on May 2, 2008
“At this point, Ben Bernanke has to feel like Barney Fife. Remember how on the Andy Griffith Show, Andy only gave Barney one bullet and he had to keep it in his pocket? Mr. Bernanke has to feel like he is running out of bullets and needs [...]
Fed Rate Cut: Feed the world or save the housing market
Published on April 29, 2008
“Interest rate policy normally only affects the world economy at the margin, but it has now been so expansionary for so long that the Fed’s interest-rate strategy has turned into a moral dilemma of sorts. In short, the central bank’s monetary policy will likely determine whether millions of U.S. homeowners lose their homes or millions [...]
U.S. Federal Reserve: Another Fed rate cut this week?
Published on April 28, 2008
“If the central bank does pare short-term interest rates, it’s likely to be the last such move in awhile; the Fed will take a break and give its rate cuts a chance to work their way through the U.S. economic system.” — William Patalon
by William Patalon
Baltimore – (TFN): U.S. Federal [...]