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Bernanke's High-Wire Juggling Act
Bernanke's High-Wire Juggling Act
Inquiring minds are reading the New York Times article, Rift Emerges in Fed Over When to Tighten Money . Fissures are developing among policy makers at the Federal Reserve as they debate how and when to start raising the benchmark interest rate from its current level just above zero. With Fed ...
The Years of Magical Thinking
nytimes.com — The Times’s Peter S. Goodman shows how economists and plutocrats fell dangerously in love with free markets.... (more) The Years of Magical Thinking
Dollar Rises, Bonds Fall on Bernanke Comments; Commodities Drop
bloomberg.com — Oct. 9 (Bloomberg) -- The dollar rose the most against the yen in two months and government... bonds fell after Federal Reserve Chairman Ben S. Bernanke said the bank will tighten monetary policy once the economy improves. Commodities slipped. The U.S. ... (more) Dollar Rises, Bonds Fall on Bernanke Comments; ...
"Being There" With The Fed
"Being There" With The Fed
capitalgainsandgames.com — Remember the movie "Being There"? This 1979 film was Peter Sellers' last. The role he played --... Chauncey Gardner -- was also the one he said was among his hardest because the character had no real personality. He delivery had to be flat and ... (more) "Being There" With The Fed
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Nobel Peace Prize Links
VIX and More — ... (Mark Wolfinger, Trade King) Coaching Clients that Stay Stuck (MarketPsych, Richard Friesen) A False Dichotomy (Tadas Viskanta, Abnormal Returns) Gallup Economic Monthly: Confidence Up, but Wallets Shut (Gallup) Peak Employment (Jesse’s Café Américain) How Do Bubbles Create and Kill Jobs? (Charles Davi, The Atlantic) Bernanke’s High-Wire Juggling Act (Michael Shedlock, Mish’s Global Economic Trend Analysis) ...

Weekend Reading: Markets and More - Volume One
TraderFeed — * Very important issue: When will the Fed begin its exit from monetary ease? * Thanks to a sharp reader for this article on the costs of a weak dollar policy; * A look at gold volatility and many more worthwhile perspectives; * Killing the economic goose with debt; * Changing geopolitics of natural gas; * Europe as the loser in the financial crisis? ...

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