Since the Fed meeting on Thursday September 17th, markets have had quite a rocky ride.
Markets like this are incredibly frustrating. The sell off this past week was catalyzed by the Federal Reserve’s statement of apprehensiveness over global …
On Thursday the Fed announced that the current interest rate target would remain unchanged for the near future. That leaves December open as a possibility for a small interest rate hike (a 0.25% increase) with a follow-up small interest rate …
Last Friday the jobs report caused a lot of uncertainty in the markets. The numbers would keep the Fed on track for a September rate hike. Richmond Fed President Jeffrey Lacker wants to begin raising rates sooner rather than later, …
Last week was quite a ride for investors. The week stated out with the flash crash for ETFs and stocks on Monday, began rebounding on Tuesday and ended up slightly positive.for the week on Friday. Investors that did not follow …
Markets have been falling this week and falling pretty hard. As you can see in the market returns summary below, the S&P 500 is down by 4.5% this week, which brings its 3 month return to -6% and the year …
European QE (Ritholtz)
The European Central Bank has begun a round of 60 billion Euro per month of quantitative easing. The ECB will buy sovereign and agency bonds to combat deflation and attempt to reinvigorate the Eurozone’s economy. …
Switzerland bank & currency (Forbes, Chart Via FT)
Until this week, the Swiss central bank has capped its currency against the devalued Euro in order to keep the Swiss Franc competitive. This week, the SNB removed that …
Greece is in trouble once again and many fear that this time it will leave the eurozone. However, Germany, France, and other major partners in the eurozone insist they want Greece …
The Wall of Worry, Illustrated (Bason Asset Management)
Here’s a great recounting of the various worrisome happenings over the past five years that cause investors to panic. It’s important to remember how events that seem so important in …
Why Rising Rents Haven’t Pumped Up Inflation (WSJ)
The Wall Street Journal reports that despite the dramatic expansion of the money supply through recent stimulus policies, at the moment, economists may be most concerned with disinflation. Despite increases …