Making news this Wednesday as the FOMC meeting gets over is the continuing of the Federal Reserve along new NGDP targets or in this particular US cae an unemployment target of 6.5% to continue the $45B open ended QE program.…
Making news this Wednesday as the FOMC meeting gets over is the continuing of the Federal Reserve along new NGDP targets or in this particular US cae an unemployment target of 6.5% to continue the $45B open ended QE program.…
So you think QE3 launched on Friday Of course banks enjoyed the spree on Friday and as mentioned earlier, US markets have moved to 5% of their 1565 top on the S&P 500 (Network quote) but the $40B in bond…
The 30Y Auction Bid Cover ratio dwindled steeply to 2.4 from 2.7-3 levels of earlier with a low yield of 1.62% even as Fed Balance sheet assets expanded to $2.871 T. The money supply was under attack to from the…
As the Fed Statement after the Policy meeting Tuesday shows, there is nothing of note that bothered the Fed nor did it think anything of adding a pertinent buying of MBS bonds regardless of Citi and Bill Gross moving on…
| INDU | 0.00 | ||
| NASDAQ | 3498.965 | ||
| S&P 500 | 1655.35 | ||
| AMZN | 262.96 | ||
| AAPL | 441.354 | ||
| GS | 159.34 | ||
| BAC | 13.31 | ||
| JPM | 53.63 | ||
| UAL | 33.24 | ||
| MCD | 101.74 | ||
| KO | 42.25 | ||
| DIS | 65.57 | ||
| DB | 46.91 | ||
| HBC | 57.26 | ||
| PEK | 34.55 | ||
| GOOG | 889.42 |