It took Hilsenrath 2 minutes after the FOMC announcement to release the following 729 word analysis of what Bernanke just did. The punchline: “Overall, the Fed changed very little in its statement from the …
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Update: full meltdown mode now: Yesterday, the moment when the Turkish Central Bank intervention was jinxed was clearly marked by SocGen’s fawning Benoit Anne, who said “In any case, I definitely feel much …
Read More So much for Obama boosting the markets. Â The WSJ has a cool toy for comparing Obama’s speech to past ones and even other Presidents, so I won’t get into …
Read More SocGen, via analyst Benoit Anne, had an almost immediate response to the Turkish central bank’s shock and awe action. Here it is: Hats Off To The CBRT The CBRT did …
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Bankers committing suicide by jumping from the rooftops of their own banks is something that we think of when we think of the Great Depression. Well, it just happened in …
Read More The much anticipated Turkey Central Bank Decision is out and it is a stunner: TURKEY’S CENTRAL BANK RAISES OVERNIGHT LENDING RATE TO 12.00%Â -Â this is the key rate, and it was …
Read More New Home Sales Worse Than Usual For December New home sales in the US in December were an unqualified disaster. The headline number came in at a seasonally adjusted rate …
Read More Head and shoulders (knees and toes). [Chart above by Dave Fry.] That’s the chart pattern that is now shaping up (if you are into such things) and, in fact, it will …
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he highest scoring names in large cap from 1 year ago (1/29/2013) returned 334 bps more than the S&P 500. The best performers have been YHOO up 92%, BSX up …
Read More The Big O will give us the SOTU pep talk tonight. Obama will pound on the theme of income inequality in America. A Wordle of the SOTUS will look like: …
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