On the January FOMC
Today's real news: the Fed implicitly confesses it will not pay attention to inflation anymore.
Today's real news: the Fed implicitly confesses it will not pay attention to inflation anymore.
Four years after the last business cycle peak, real output has grown less than 1%.
A big surprise -- merely average jobs growth! But where are the FOMC's "significant risks"?
France elects a new president on May 6. Here's everything markets need to know.
Now it's up to Europe's banks to bet on themselves with a huge LTRO uptake at month-end.
If risk aversion retreats as much as it did a year ago, stocks would be 34% higher.
If Greece could export uncertainty, it would be the richest country in the world.
Another version of another bail-out. Fortunately, we don't have to care anymore.
Just like last year, stocks march higher despite a potential geopolitical oil shock.
3-year LTRO's now a rock star. Wednesday's auction is the difficult second album.