Tag: QE3

Separating the Election Nonsense from Reality

Here is the latest Street$marts:$marts20121015.pdf   Read More
Date: October 17, 2012

I Guess Yelling is OK

It’s not often that I am part of an interview where guests yell and I do to! Here is the video from the CNBC segment the other day on the Fed’s QE Unlimited. The next Street$marts will be out shortly with a long article on the Fed, ECB and BoJ’s money printing experiments.   Read More
Date: October 3, 2012

BOOM Goes the Fed Dynamite

Ben Bernanke & Co. delivered QE3 yesterday by announcing a plan to purchase mortgage backed securities (mortgages) for at least the next two months at roughly $40 billion per month.  And the markets were delighted! The best analogy I can offer is that the markets are like crack addicts now and need their steady and regular fix of stimulus.  As time goes on, a drug addict usually needs more and more drugs and that’s exactly how the markets are behaving.  […]   Read More
Date: September 20, 2012

Time for the Fed & ECB to Put Up or Shut Up

Here is the piece I did last Friday after the putrid jobs report.  While the headline number may have indicated an increase of almost 100,000 net new jobs, the underlying data was awful.  Additionally, while the unemployment rate may have fallen to 8.1% from 8.3%, it was primarily due to people leaving the workforce than people being hired. We already know that Bernanke & Co.  are close to another round of money printing (QE) and this will likely push them […]   Read More
Date: September 20, 2012

WHEN the Bull Market Ends

The latest Street$marts is here…$marts20120905.pdf   Read More
Date: September 6, 2012

The Bulls Powering to New 2012 Highs

New Street$marts is out chock full of tidbits with Paul Ryan, the Fed, ECB and stocks on their way to new 2012 highs!$marts20120816.pdf   Read More
Date: August 20, 2012

All Eyes and Ears on the Global Central Banks

Here is the link from Friday’s segment:  Nothing has changed regarding the outlook for stocks.  I think we are in a generally benign period for equities that has been following the typical presidential election year pattern of a Q1 rally, a springtime low and summer rally to a peak.  If that continues to hold true, we should see another good bottom in September or October and then rally into year-end.  I am sure the market will throw some doubt […]   Read More
Date: August 13, 2012

CNBC’s Closing Bell TODAY at 3:00pm est (and some Fed news)

I am going to be on CNBC’s Closing Bell with Tyler and Maria at 3pm est today. The discussion will likely focus on the very anemic and sub par economic recovery, but certainly not unexpected.  As I have written about many times before, this is your typical post financial crisis recovery.  It’s frustrating and uneven with little major progress.  But this too will come to an end. Earlier this week, we heard from two non voting members of the FOMC […]   Read More
Date: August 10, 2012

Keeping an Eye on Those Canaries

The latest Street$marts is out.$marts20120801.pdf   Read More

CNBC’s Closing Bell at 3:00pm TODAY

I am going to be on CNBC’s Closing Bell with Bill & Maria today at 3pm discussing the less than positive jobs report as well as the harsh market reaction and the potential response from Bernanke & Co. As soon as I finish wrapping up my quarterly report to clients, I will publish the next Street$marts with some comments on the European Central Bank’s recent action and what the Supreme Court’s ruling on ObamaCare means for the economy and markets. Have […]   Read More
Date: July 6, 2012