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Fed

Enough Fed! Give Free Markets a Chance!

Michael Farr | Posted 07.25.2014 | Business
Michael Farr

The widespread expansion of credit to car-buyers, especially to sub-prime borrowers, is beginning to cause some industry observers to cry "bubble." Is this economic progress?

More of the Same

Michael Farr | Posted 06.19.2014 | Business
Michael Farr

As expected, the Federal Reserve stuck to its pattern of reducing asset purchases by another $10 billion. The monthly pace is now down to just $35 bi...

What's Going on With Interest Rates?

Michael Farr | Posted 07.29.2014 | Business
Michael Farr

An aggressive rally in the Treasury market this morning has resulted in the lowest 10-year Treasury yield since June of last year.  Nearly everyone is looking for an explanation as to why longer-term interest rates continue to fall in the face of reduced Fed support and better economic data.  So what is going on?

Tracking Earnings

Michael Farr | Posted 07.19.2014 | Business
Michael Farr

While the overall quality and composition of earnings in the 1Q may have improved somewhat, index earnings growth remains highly dependent on margin expansion.

Mark Gongloff

Reason No. 567,397 The Market Is Rigged

HuffingtonPost.com | Mark Gongloff | Posted 05.15.2014 | Business

For at least the past 16 years, stock market traders have apparently been profiting from sneak peeks at the most important monetary policy decisions i...

Fed Chair Not Sure Whether To Call U.S. An Oligarchy Or Democracy

The Huffington Post | Igor Bobic | Posted 05.09.2014 | Politics

Federal Reserve chair Janet Yellen said Wednesday that she doesn't know whether the U.S. political system is a democracy or an oligarchy, as a recent ...

Economists Are Wrong

Michael Farr | Posted 07.07.2014 | Business
Michael Farr

To boil things down, there are really only two roads we can follow in an environment of such as this. The economy will either muddle along at a sub-par rate of about 2 percent until balance is restored, or we go down the path of running up debt in an effort to produce higher growth rates in the near term.

Fed Isn't Too Worried About Weak Economic Growth, Will Cut Stimulus Further

Reuters | By Howard Schneider and Michael Flaherty | Posted 04.30.2014 | Business

WASHINGTON, April 30 (Reuters) - The Federal Reserve on Wednesday looked past a dismal reading on first quarter U.S. economic growth and announced a c...

Market Noise and Fed Messaging

Michael Farr | Posted 06.16.2014 | Business
Michael Farr

So far this year, the mid-cap banks are outperforming their behemoth cousins, and we now may know why. The big question, though, is how detrimental have these new regulations been to the economic recovery?

"FedUp" Activists Identify the Source of Economic Pain -- The Federal Reserve

Jerry Ashton | Posted 05.28.2014 | Politics
Jerry Ashton

For the first time since the '30s, the 99 percent stood up and pointed out the real culprits -- Wall Street and the politicians they own. People listened, they heard, and began to believe.

Why Equities Sold Off Despite a Dovish Fed

Mohamed A. El-Erian | Posted 05.19.2014 | Business
Mohamed A. El-Erian

Equities sold off while the yield curve flattened as a result of a selloff in shorter maturities. Why?

Fed Trims Stimulus Again

Reuters | Ann Saphir and Krista Hughes | Posted 03.19.2014 | Business

(Recasts first graph, adds comment from Yellen, market comment, adds bullets) * Fed drops unemployment threshold for path of rates * Monthly bon...

Yellen Nails The Economy's Biggest Problem

The Huffington Post | Mark Gongloff | Posted 02.28.2014 | Business

Federal Reserve Chair Janet Yellen might not know what is causing a massive income inequality problem in this country, or how to solve it. But at leas...

Mother Nature Clouds the Outlook

Michael Farr | Posted 04.27.2014 | Business
Michael Farr

How much of the slowing can be blamed on Mother Nature? Nobody knows for sure, of course, but there is enough reason to believe that the brisk pace of growth recorded in the second half of 2013 will not be sustained in 2014.

Mark Gongloff

The Fed Was Constantly 'Behind The Curve' During The Financial Crisis, New Transcripts Show

HuffingtonPost.com | Mark Gongloff | Posted 02.21.2014 | Business

Federal Reserve policy makers were repeatedly caught by surprise as the economy and financial markets collapsed around them in 2008, according to newl...

Fed Officials Agreed On Cuts To Stimulus

AP | By MARTIN CRUTSINGER | Posted 04.21.2014 | Business

WASHINGTON (AP) — Federal Reserve officials agreed at their January meeting that further gradual reductions in their stimulus would be appropriate a...

Surprise Fed Jobs Report Is Extremely Misleading

The Huffington Post | Mark Gongloff | Posted 02.04.2014 | Business

People have been buzzing about a new study suggesting the U.S. job market is in better shape than we think. If that doesn't sound right to you, that's...

The VIX Also Rises

Michael Farr | Posted 04.05.2014 | Business
Michael Farr

The more people working, earning income and spending, the greater the economic benefits. The masses move the needle, not the 1% at the top.

To Paraphrase Mark Twain -- The Reports of America's Death Are Greatly Exaggerated

Edward Goldberg | Posted 04.01.2014 | Politics
Edward Goldberg

The re-emergence of the United States as the growing -- not declining economic power (a pattern that has happened several times before) -- will have tremendous ramifications throughout the world.

Stocks Slide As Fed Trims Stimulus

AP | STEVE ROTHWELL | Posted 01.29.2014 | Business

NEW YORK (AP) — Stock investors had plenty to dislike on Wednesday. Disappointing earnings from some big U.S. companies, ongoing jitters in emerg...

Zach Carter

Key Republican Rips Income Inequality, Calls For New Stimulus

HuffingtonPost.com | Zach Carter | Posted 01.25.2014 | Politics

WASHINGTON -- Former FDIC Chair Sheila Bair sharply criticized Congress for failing to approve economic stimulus measures, saying elected lawmakers wh...

Fed Taper Begins -- What Happens Next?

Mohamed A. El-Erian | Posted 02.17.2014 | Politics
Mohamed A. El-Erian

Investors have responded favorably to the outcome of today's highly-anticipated Federal Reserve policy meeting, and rightly so. Here are four key takeaways that speak to more than this afternoon's impressive market moves; they also shed light on what may be ahead.

The Stock Market Is Loving Ben Bernanke Right Now

Reuters, | Posted 12.18.2013 | Business

NEW YORK, Dec 18 (Reuters) - U.S. stocks rose on Wednesday after the Federal Reserve announced it would begin scaling back its stimulus by $10 billion...

Zach Carter

Jeff Merkley Wants You To Know He Stood Up To Wall Street

HuffingtonPost.com | Zach Carter | Posted 01.25.2014 | Politics

WASHINGTON -- Sen. Jeff Merkley (D-Ore.) told HuffPost that he sees the finalization of regulation that banned Wall Street speculation with taxpayer m...

The Globalization 5 -- How Globalization Changed America in 2013, and What It Might Mean for 2014

Edward Goldberg | Posted 02.02.2014 | Politics
Edward Goldberg

Welcome to the age of Central Bank Power. Since the 2008 crash, the U.S Federal Reserve Bank has become a new type of global hegemon.