A Subtle View of Labor Market Improvement
In a speech delivered Tuesday to the Japan Society in New York City, Federal Reserve Bank of New York President William Dudley offered his view...
Author : Wall Street Pit
Bernanke Saves the Day
There was some...itial consternation yesterday after Federal Reserve Chairman Ben Bernanke gave the clarity we were hoping to see. From Reuters: “If we see continued...
Sovereign Debt Concerns in 2013
Interest rates on government debt for a number of European countries– notably Greece, Portugal, Ireland, Italy, and Spain– shot up considerably during 2010-2012. Those yields...
The ‘Smart Money’ Ain’t So Smart Anymore
Not long ago it seemed that the “smart money” was invested in hedge funds which generated outsized returns for investors. When broad markets fell by...
Pyromaniacs on the Potomac: The Problem With Obama’s Second Term
Six months...to a second term and the Obama White House is on the defensive and floundering: Benghazi, the IRS’s...vestigations of right-wing groups, the Justice Department’s...
We See Bubbles Everywhere – PIMCO’s Bill Gross
PIMCO’s Bill Gross brought a smile face mug on Bloomberg TV’s “Market Makers” today to illustrate to Erik Schatzker and Sara Eisen how happy he...
Fed Watch: Dodged That Bullet
I was reading Robin Harding’s take on the possible nomination of Federal Reserve Vice Chair Janet Yellen for the top job at the Fed, and...
A Japanese Recovery?
Japan’s new GDP numbers look... bit puzzling: Japan’s economy expanded the most in... year last quarter...s consumer spending...nd export gains outweighed the weakest business investment...
Top Pre-Market Stock Upgrades/Downgrades May 16, 2013
UPGRADES Google (NASDAQ:GOOG) upgraded at RW Baird – GOOG price target raised to $1,025 from $830 at RW Baird RW Baird raised its price target...
Bangladeshi Garment Workers and the Perversion of Ethics
For the last few days the newspapers have been filled with stories about how western garment manufacturers will now insist on greater safety for the...