U.S. Markets Tip Tapering On September 2013 Fed Move, The Potential Impact On Emerging Markets, Europe?

Traders Indecisive As NASDAQ Halts Trading, Jobless Claims & Housing Starts Down: Fed tapering will have an impact on world markets and the U.S. housing industry.  Economic data for the week ended August 23 mainly, initial jobless claims and new home sales data was below expectations. Jobless claims for August 15, 2013 came in at[…]

June 2013 New Home Sales Data Flattens Equities

Did Bernanke Really Put The Brakes On The Housing Market? Sometimes good news is bad news, especially when it suggests Ben Bernanke and the FOMC could start tapering sooner than later.  Today’s housing data showed the market is in good health with new contracts nearing May 2008 levels. U.S. new home sales in June 2013[…]

Bernanke Confirms Accommodating Stance In Congressional Testimony July 17, 2013:

Ben Bernanke Hasn’t Changed His Tune: Federal Open Market Committee Chairman, Ben Bernanke made it clear the Fed would be accommodating as long as economic conditions remain sluggish.  He also reiterated the Fed would hold assets long after it reduced purchases which would effectively keep the demand curve shifted and help interest rates stay low.  Although[…]

FOMC, Bernanke Say No To Tapering In June 2013 Meeting But Markets Tank Anyway

This Could Be A Buying Opportunity For Equities In The Intermediate Run: Ben Bernanke and the FOMC kept interest rates the same and won’t be changing the current asset purchase program also known as QE infinity.  Bernanke was clear that the ‘downside’ risks were less great than a few months ago but if economic conditions[…]

U.S. Economy Adds 175,000 New Jobs & Unemployment Rises To 7.6%, Why Taper?

Why Fed Tapering Talk Should End: All the talk about the Fed pulling the punch bowl on liquidity is a bit premature. Yes the stock market has been rising without pause for a few months but that doesn’t mean the economy is any more solid than 5 years ago when President Obama first entered the[…]

Durable Goods Orders March 2013 Fall 5.7%, FOMC May Hold QE Signals

No need to worry about the Fed ending QE with mixed economic data: Durable goods orders fell in March as businesses cut back on investment in capital equipment. The Commerce Department said durable-goods orders for long lasting manufactured goods fell by 5.7 percent from the prior month.  Some of the decrease in durable goods orders[…]

Dow Has First 9 Day Winning Streak Since 1996 On February 2013 Retail Sales, Traders Cautious

Dow Has First 9 Day Winning Streak Since 1996 On February 2013 Retail Sales, Traders Cautious: When will we start talking about the Fed again? Traders picked up on upward momentum in midday trading as the Dow rose marginally in a cautious trading environment. The Dow Jones Industrial Average barely gained for the day closing[…]

Unemployment Rate Drops To 7.7 from 7.9 Percent: Is QE Over?

Unemployment Rate Drops To 7.7 from 7.9 Percent: Is QE Over? Unemployment rate drops to the lowest level in 4 years. Yesterday the unemployment report showed the U.S. economy is gaining strength.  The U.S. economy added 236,000 jobs last month, according to the Labor Department report released Friday.  The January data was revised down from[…]

Faucet-Pouring-Dollar Signs

Fed Announces More Bond Buying At December 2012 Meeting, Ties Rates To 6.5 Unemployment Level But Rally Fades

Fed Announces More Bond Buying At December 2012 Meeting But Rally Fades: One day after the Federal Open Market Committee announced it would be buying more bonds (QE4?), the stock market rally that began with a jump in the markets on the day of the announcement faded.  After Federal Reserve Bank Chairman Ben Bernanke spoke[…]