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  • What's That Hissing Sound?

    The BS from the BLS Help Me, Obi-John A New Program for All Investors 2,500,000 "Lost Jobs" and Counting Taking a Long-Term Perspective Leverage in Reverse Gear What's That Hissing Sound? A Response from Tiffani The official number for employment suggested a loss of 63,000 jobs. But could...
  • The Muddle Through Fed

    The Muddle Through Fed Risks to the Downside Consumers Gone Wild Leaving the Ballpark After All these Years This week the Fed offered us their forecasts for 2008-10 for the economy, inflation and employment. We will look at some of the details which I think will be of interest. Then we glance at some...
  • The Inflation of Expectations

    Introduction This week we had two more Federal Reserve members repeat what has become the theme for their chorus, but not one the market seems to be paying much attention to. It should be. The market believes the Fed will soon start to cut rates, perhaps as early as first quarter of next year. It is...
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