Tag: treasury
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 [...]
Hey, Obama! Eliminate risk, eliminate reward
Published on June 15, 2009
The equities market is deep in the red today as Wall Street studies the latest news out of Washington. Giethner and his team have leaked just a bit of their plan to make the nation safer for investors, but the action is already eliminating large sums of wealth.
By Andrew Snyder, TodaysFinancialNews.com
Baltimore – (TFN): The [...]
Is it the end or just the beginning?
Published on December 31, 2008
We have reached the end of a tumultuous year. Unfortunately, a change in the date does not spell relief for the credit markets. Investors could start the New Year with a nasty hangover.
By Andrew Snyder, TodaysFinancialNews.com
Baltimore—(TFN): We have finally made it to the last trading day of 2008. Unfortunately, there are absolutely no signs that [...]
Will the beggars please form a line…
Published on December 22, 2008
I cannot believe the audacity of this country’s beggars. Greedy businessman after greedy businessman is lining up in Washington for a bailout package of their own. The free market will not help them, so now they want assistance in the world of blind politics.
By Andrew Snyder, TodaysFinancialNews.com
Baltimore—(TFN): After the banks got their rescue, the [...]
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 [...]
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 [...]
Oil Prices Jump Higher on EU Warning
Published on June 5, 2008
“It’s not excluded that, after having carefully examined the situation, that we could decide to move our rates for a small amount at our next meeting. I didn’t say it’s certain. I said it’s possible.” — European Central Bank President Jean-Claude Trichet
by Stephanie Grimmett
Baltimore – (TFN): You can blame a frenchman [...]
Dollar Bear: Bail-me-out Bennie
Published on March 28, 2008
"The current mess did not result from a failure of the free market, but from too much government interference. The real estate bubble, and the shaky securitized products it spawned, resulted from the Fed artificially setting interest rates too low." — Peter Schiff
by Peter Schiff, Dollar Bear
Baltimore – (TFN): Now that the Fed and the Treasury Department have clumsily come to the…