Housing and Household Incomes

| May 6, 2013

Hmm….Courtesy of our good friend Gene Inger. www.ingerletter.com

Fed Cuts Growth Outlook, Remains Cautious

| January 25, 2012

The FED keeps stretching things out…one take is they are worried about other things not openly discussed…and, maybe worried about the thought that normal things might not go as planned either (but hope springs eternal)!  FED Summary:  No QE3; ZIRP (Zero Interest Rate Policy) Extended Thru 2014 FED EXPECTS TO MAINTAIN `HIGHLY ACCOMMODATIVE’ MONETARY POLICY FED SEES `EXCEPTIONALLY LOW’ RATES THROUGH AT LEAST LATE 2014 FED TO […]

Engine Room – We Need More Steam….Hello, Mooore Steam?

| November 22, 2011

Art Cashin, from the floor of The New York Stock Exchange…. Unintended (And Unwelcome) Consequences – Rich Miller at Bloomberg caught our eye this morning with this rather disturbing note:   Federal Reserve Chairman Ben S. Bernanke and fellow U.S. policy makers may find themselves hampered in restoring financial stability should the European debt crisis spread […]

Bernanke Warns Of Tough Times Ahead

| October 4, 2011

The Fed has used most of its tools (already) to help the economy. It said it expects to keep interest rates ultra low into 2013, maybe longer. Congress is tying to cut, not raise, spending. Europe is resisting bold steps to save its most troubled economies. The bottom line is a recession is on the verge (probably happened already) of seizing […]

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