Dire Straits

Watching the latest action, I’m reminded of a little known, but great song from Dire Straits: Between the soothing, dovish tones emanating from Bullard and Kudlow and the warlike tone of our Tweeter-in-Chief, it’s hard to know whether the market is the windshield or the bug.  Is the bulls’ plan coming together, or are they … continue reading →

The Market’s Latest “Lucky” Bounce

That’s a relief!  For months, pundits have been arguing whether the Fed needed to hike interest rates three times or four times this year — you know, because of all the growth coming down the pike. Fed Über-Dove and “Man Who Thinks Market Integrity is Overrated” Jim Bullard just announced that the correct number is … continue reading →