Tag Archives: federal reserve
Beardless Ben and Bad Bet Summers
Plenty of ink has been spilled lately brooding over who’ll be the next Fed Chairman when Ben Bernanke’s term concludes on January 31, 2014. Here at the Economic Prism we really don’t give a rip who the next monetary Caesar … Continue reading
Exercises in Futility
Something rather inconvenient is going on. Quite frankly, we don’t like it one bit. Despite all the assurances of robust economic recovery, the opposite appears to be happening. The economy isn’t climbing up. It’s slipping back. In fact, last week … Continue reading
Ingesting Rabbit for Supper
All of the sudden boring old government bonds have become real interesting. For over the last six weeks a remarkable new awareness has come over the credit market… If you can believe it, interest rates don’t always go down. In … Continue reading
Economic Subsistence
Several weeks ago DOW 16,000 was a foregone conclusion…it was practically guaranteed. Now the DOW’s wildly spiking and diving above and below 15,000. What gives? From what we gather, markets are anxious about what central bankers can and can’t do … Continue reading
