The market price of risk isn't zero anymore -- that's no threat to growth.
Wednesday, March 7, 2007
Thursday, March 1, 2007
Solid growth statistics trump the long-expected closing of Japan's free money spigot.
Thursday, February 22, 2007
The Fed is being put on the spot to show it's not all talk.
On Bernanke's Testimony
Wednesday, February 14, 2007
Monday, February 12, 2007
Bernanke's testimony this week should end all doubt that the next Fed move is to higher rates.
On GDP and FOMC
Wednesday, January 31, 2007
Keeping the Cheering Down
Monday, January 29, 2007
The Fed's been wrong about the slowing economy -- but they're unlikely to admit it at Wednesday's FOMC meeting.
Hoping Against Hope
Friday, January 19, 2007
Bond bulls cling to the instinct to buy on dips, but sentiment is beginning to change.
Commodities: Don't Be Fooled
Friday, January 12, 2007
The recent drop in commodities prices isn't an all clear signal for inflation, or for bond yields.
New Year, New Day?
Thursday, January 4, 2007
But the Fed keeps the same hawkish bias, and bond markets still won't listen.