Posts tagged Fiscal Policy

What A Week

SPY Price data by YCharts Look at the intraday volatility of this chart. Pretty amazing. The market needs Martin Luther King day off.  Right now, the only true trend is down. There aren’t any trends to hop on and ride …






The Taper That Will Never Come

Jobs released today.  The economy is not growing in a normal pattern.  This economist describes it as “bumping around at the bottom of a hole”.  She compares the rate to 2007. Some might quibble with that, but that is the …






Breakfast Links

Good thing the US is a republic, and not a democracy right?  From Alexis de Toqueville “A democracy cannot exist as a permanent form of government. It can only exist until the voters discover that they can vote themselves largesse …






Gridlock Isn’t Necessarily Good

I remember in the halcyon days of the Bill Clinton Presidency, many told me, “gridlock is good”. Republican controlled houses of Congress with a Democrat President. “Nothing can get done.”, they said. “It’s better for working families.” Well, some things …






Analyzing The Bernank

Yesterday to no one’s surprise, the Fed left interest rates unchanged.  The statement was changed slightly-but that change wasn’t earth shattering.  The only change was inflation expectations in a very slight manner. The real fireworks happened at the news conference. …






Feelin the Heat

Ben Nelson might be more unpopular in Nebraska than Barry Switzer. Anecdotal evidence infers that it’s tough for him to even go out to a restaurant in his home state. If he ran today, he surely would lose his election. …