Sunday, 30 April 2017

Monthly Archives January 2011

“Fed Keeps Pedal to the Metal As Egypt Unrest Weighs on Markets”

Posted by Tom Duncan
January 31, 2011

“The Fed’s policy statement on Wednesday afternoon said emphatically what we have discussed here endlessly: Nothing is going to stop these guys from completing their mission. Nothing. Nunca, nada, niete. The guvs said neither the most recent pick-up in up in economic growth nor the continued surge in commodity prices would deter them from continuing […]

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“Chronicle of a Debt Foretold” – Economist

Posted by Tom Duncan
January 28, 2011

“An odd thing occurred this week. Britain’s national debt jumped by £1.3 trillion, virtually 100% of GDP, and hardly anyone paid attention. The bad news was crowded out by the surprise 0.5% drop in national output in the last quarter of 2010. There was reason to this apparent insouciance. What happened was that the figures […]

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“U.S. Must Reduce Deficit, IMF Warns” – Washington Post

Posted by Tom Duncan
January 28, 2011

“U.S. officials must act quickly to control government deficits or face slower growth and even more difficult choices in the future, the International Monetary Fund said Thursday in a report criticizing the tepid U.S. response to its rising public debt. The IMF warning comes as federal officials grapple with a congressional projection this week that […]

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“The Fed Has No Clothes” – O’Driscoll

Posted by Tom Duncan
January 28, 2011

“Philadelphia Fed President Charles Plosser gave a major speech on Monday at the Central Bank of Chile. In the polite language of central bankers, the speech constitutes a systematic criticism of not only current Fed policy but of the Fed’s entire response to the financial crisis. Plosser’s speech updates Milton Friedman’s 1967 presidential speech to […]

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“Forex focus: should Britain prepare for ‘stagflation’?”

Posted by Tom Duncan
January 27, 2011

“Goodness, the market is jittery. The moment the latest economic growth figures were announced yesterday morning, sterling fell 1.25 per cent against the euro and one per cent against the dollar within minutes. Obviously, no-one was expecting that GDP would show a drop of half a per cent in the last three months of 2010. […]

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“Dividends and Growth—the Two Go Hand in Hand in this Business Cycle”

Posted by Tom Duncan
January 27, 2011

“The power of a few large-cap companies to sway stock market sentiment is great. As recent corporate events illustrate, not only does good earnings news move the market, but, increasingly, dividend news is moving share prices. This is big and it’s a sign of the new age of austerity among corporations and individual investors. Dividend […]

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