Release Date: November 4, 2009 For immediate release Information received since the Federal Open Market Committee met in September suggests that economic activity has continued to pick up. Conditions in financial markets were roughly unchanged, on balance, over the intermeeting…
Federal Reserve statement that will be released shortly may prove to be a key determinant on the direction of the market moving forward. The market will look for any positive tones from the statement, especially expectations on how the economy looks…
If you agree, as we do, that current prevailing rates are a major factor in the value of a currency against its world peers, then as we stated in our first post, U.S. Dollar, Down and Out, or Not to Worry?…
As a continuation of our first part series, U.S. Dollar, Down and Out, or Not to Worry? (Part One of A Series) we will expand on interest rates and their direct effect. Given the fact that, using our Bank of England example,…
With many of the questions much of the headlines are posing along with questions we are receiving from investors, we felt it timely to post a multipart series on the US dollar. In order to keep this simple, it can…
This morning, Australia raised their benchmark interest rate from 3% to 3.25%. Glenn Stevens, Australia’s Ben Bernanke, stated that it was time to raise rates as the worst is over for the country. In our August 17, 2009 post An…
Based on a conversation I had over the weekend, I thought I would share some information gathered about the popular GNMA (Ginnie Mae) bonds. Most investors have heard of Mortgage Backed Securities (MBS) because they have been the cause of many…
As word leaked out this morning that Fed Chairman Ben Bernanke will be reappointed to a second four year term a few items from Greenspan’s personal notes most recently printed in the book Maestro are worth noting. Greenspan noted in…
The Federal Reserve meeting press release, (see link below) gives us a bit of concern from an artificial market force. Here is the meat of the release in case you are having trouble with the link “As previously announced,…
While not fretting, we are certainly keeping a very close watch on interest rates. This week, actually in the next few days, the Treasury will auction (fancy Wall Street talk for sell to hopeful buyers) $115 billion in new instruments.…
