Tag Archives: janet yellen
The Muted Delight of the Forthcoming Recession
One week down. Fifty-one more to go. No doubt, this has been a wild start to the New Year. We expect many more to follow. For example, on Monday, Chinese investors overloaded the Shanghai Stock Exchange. An abundance of traders … Continue reading
Life After ZIRP
Federal Reserve Chair Janet Yellen finally made good on her promise. On Wednesday she raised the federal funds rate to a target range of 0.25 to 0.5 percent. Can you believe it? After nearly a decade since the last rate … Continue reading
The Fed’s Stars Never Aligned
On Wednesday, following the two day Federal Open Market Committee meeting, Fed Chair Janet Yellen will likely announce that the Fed will do something they haven’t done in nearly a decade. They will raise the federal funds rate. Obviously, a … Continue reading
Joe Sixpack’s Painful Plight
This week brought forward new evidence that the economy’s slipping and sliding backwards. On Tuesday, for example, the Institute for Supply Management reported a 48.6 Purchasing Manager’s Index reading for November. A PMI reading below 50 means manufacturing activity is … Continue reading
