Étiquettes » FED

Notes From Underground: Switzerland Was Named The Fourth-Happiest Country

In an inane study of the world’s countries by the U.N. and released on World Happiness Day (what an absurd concept) the land locked nation with its active printing press was heralded as ranking… 530 mots de plus


Another One Bites The Dust: Staples Suffers $548 Million Loss and Announced 70 Store Closings

The Office’s Dwight Shrute may shed a tear today. Staples, « The Office Superstore » is closing another 70 stores after a $548 million loss. 330 mots de plus


Stock Selloff Goes Global

If you want to understand what happened overnight in the wake of Tuesday’s selloff in the US, all you need to do is glance at the clustering on this chart… 1 538 mots de plus


The Fed Weathervane

Another day, another parade of speakers from the U.S. Federal Reserve headed to the podium. While their commentary is increasingly falling on deaf ears for the market, thanks to their seemingly boundless propensity to over-hint and under-deliver during the post-crisis period, not to mention the news competing for the headlines out of Washington, it is arguably more worthwhile than ever to pay close attention to what they are saying now that they are finally backing up their words with actual action on interest rates. 36 mots de plus

Market Outlook

Chicago Fed National Activity Index. What is it and how important is it?

Lets try to make this nice and simple. I’ll be honest. I have been following economic indicators since my college days and for some unknown reason, I have not come across this indicator. 521 mots de plus


Trader Exclaims: "They Are Making This Up As They Go Along!"

Well, former FX trader-turned Bloomberg contributor Richard Breslow took a few days off, but he’s back with a vengeance on Tuesday, by God.

This morning’s missive is lively, funny, satirical, and exceptionally well written. 455 mots de plus


Euro Jumps To 6-Week High After Lunatic Loses Key Debate

We start Tuesday in Europe in the aftermath of the closely watched presidential debate at which Marine Le Pen had the following message for Donald Trump: « I see your travel ban and border wall, and I’ll raise you one ban on… 975 mots de plus