Awaiting Greenspan
He'll be even more circumspect than usual tomorrow -- and that will be a disappointment for the rate-hike bears.
He'll be even more circumspect than usual tomorrow -- and that will be a disappointment for the rate-hike bears.
Enron's new pension scam will throw light on ugly pension realities across the board.
If you didn't catch the Q&A following Greenspan's congressional testimony, here are the lecture notes, annotated and linked.
At last the stars are aligning for deflation relief in Japan. That should spell more trouble soon for JGB's.
Stocks have been in a violent trading range -- valuation risks still cap the upside, and eternally springing hopes for a "V" recovery provide the floor.
Recovery? Maybe so. But buyer beware: that's not the same thing as expansion.
How come the yen is surging just when the BoJ promises to reflate?
The economy is supposed to be recovering. So why isn't Intel?
A recovery may be just beginning. Now let's hope the Fed doesn't fight inflation that's not there -- again!
Don't kid yourself that S.1940 is about earnings transparency. It's all about hidden taxes.