Archive for the ‘Federal Reserve’ Category

Today’s Inflation Report and the Fed

December 17th, 2013

Every time there’s an upside economic data point added to the picture—yesterday it was industrial production—somebody says, not unreasonably, “…and that’s why the Fed will start to taper sooner than later.”  I’ve said so myself. But as the Fed begins a two day meeting wherein they’ll make that call, they were met by new inflation… Read more

Back in the USA!

November 15th, 2013

So, let me get this straight.  I leave the country for a week, and you still haven’t fixed the federal budget…or the health care website?!  C’mon, people. Back from a great trip to London, still one of the world’s truly great cities.  Just walking around is a blast.  I did prolific gum flapping, and will… Read more