Federal Reserve Fires Last Bullet - Historic Day for Monetary Policy
We’ve had more than a fair helping of Fed letdowns lately, so today’s announcement was just all the more impressive and historic. Even PIMCO’s Mohamed El-Erian could only say “wow” at the language and posturing made inside today’s FOMC statement.
In an unprecedented move, the benchmark fed funds rate was set to a “range” of 0% [...]
Ratings Agencies - It’s Time to Shine the Light
The heads of major credit ratings agencies S&P, Moody’s and Fitch are testifying today before Congress’s House Oversight and Government Reform Committee. I don’t know if today’s testimony will reverberate in the face of so many potential sources of blame in this crisis, but in my mind they deserve more singular blame than any other [...]
About
Pragmatic commentary on U.S. & global investing, demographics & secular trends, and the valuation of anything worth valuing. Objective, unbiased research; We believe in minimal design, zero gimmicks, and maximum results.
Subscribe to feed
Search
Secular Trends Holdings
- Secular Trends Portfolio Real-Time Positions
- The Fuel That Fed the Subprime Meltdown (Written in September 2007)
- Performance Studies on the DJIA & Fundamental Value Stocks (11/22/08)
- Las Vegas Sands - Are They Sustainable in 2009? (Published 11/15/08)
Older Posts That Folks Seem to Like
This work is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 2.0 Generic License.