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 →
Tag Archives: national debt
ORIGINAL POST: 9:15 AM E-mini futures are up big overnight, but have yet to exceed Wednesday’s high. A positive revision in BLS’s Nov and Dec employment numbers makes 2012 look better than it did, but I’m not sure how it helps today’s 12.3 million unemployed or 8 million underemployed or 2.4 million marginally attached… … continue reading →
ORIGINAL POST: 9:25 EST We remain short from SPX 1447 on Dec 18. The dollar is either finding support at a channel midline or about to find it at the bottom of a channel, depending on which channel ultimately holds. DX RSI shows great channel support either way. The EURUSD is still hanging in there, … continue reading →
As Ben Bernanke scolds Congress for how pitiful a job they’ve done on fiscal policy, SPX has staged an important break out. Daily RSI broke out of the channel that goes back to January. It has done a phenomenal job of providing guidance, and a clean break out is unlikely to occur without at least … continue reading →
NOTE: New on the MEMBERSHIP>MY PROFILE page, a sign up area that will allow subscribers to be texted whenever a new post is added or added to [note: additions don’t seem to be generating additional texts — working on this]. I tested it last night, and it took only 3-4 minutes for a SMS … continue reading →
Does the National Debt Matter? by: pebblewriter a micro vignette about a macro problem Also available for viewing here. … continue reading →