Posted in Analysis, Bear Market, Economy, Video, tagged Bear Market, Economy, Video on February 7, 2008 | Leave a Comment »
In a video on Bloomberg labeled under Senator, “Dodd Says Bernanke Committed to Use `Tools Available,” Bloomberg actually features Wilbert Ross Chairman, WL Ross & Company.
Notable Quotes:
Wilbur Ross:
“Half of all new property listings in California are now foreclosures.”
Bloomberg Anchor:
“Wow, that’s scary.”
Wilbur Ross:
“People were using there home as an ATMs but they were [...]
Posted in Analysis, Federal Reserve, Jim Cramer on February 6, 2008 | Leave a Comment »
Yesterday, I pointed out the dwindling power of the Fed to stop recessions and deflation. The day before, I pointed out the financial industries inability to capture the upside of the Fed cuts in the short term since they have a severe funding crises. Today we’ll take a closer look at the unintended consequences of [...]
Posted in Analysis, Federal Reserve, Uncategorized, tagged Federal Reserve, Interest Rates on February 6, 2008 | 1 Comment »
Last month, we saw the Federal Reserve cut the Fed Funds Rate a full 125 basis points (1.25%) to 300. What does that mean historically? In the following article we will take a look at just how dramatic the Fed’s 125 basis cut in 8 days means.
The Fed started issuing “Target Rates” in 1982. Before [...]
Posted in Analysis, Federal Reserve on February 5, 2008 | 1 Comment »
After the Market plummeted to begin the year, it staged a magical 4.9% week to finish January. Don’t believe the magic. In the following analysis I take a look at why last week should be described as the market’s emotional attempt at a bear market rally. To get a closer [...]
