Federal Reserve Policy continued

What if two branches of the Federal government fall into the hands of the Democrats in mid-January, 2009?... keep reading

Derivatives are highly complex, highly leveraged promises to pay. The market is not regulared. The data are mostly guesswork. The numbers are very large.... keep reading

Nothing scares the American consumer. The subprime crisis means nothing. Thrift takes it on the chin again. What happens in recession? Where will the reserves be?... keep reading

The 200-point one-day move a week ago was a one-shot deal. The pessimism has returned -- but not to stocks. That will take longer. A "sell" signal is here.... keep reading

Investors are spooked, but not as badly on Friday as they were on Monday.... keep reading

This has not received much attention in the U.S. media.... keep reading

I became aware of this in the mid-1970s. This is an anti-inflationary factor. Now, a former Federal Reserve System employee blows the whistle.... keep reading

Oh, baby.... keep reading

Not only is the subprime crisis not cintained, it is spreading innternationally. Here is a huge dominon... keep reading

The FED's tight money policy under Bernanke is having its effect: the collapse of unwise carry-trade loans. This hit was huge. There is no end in sight.... keep reading

The suckers -- local governments -- did not understand the risk. The ones who did pulled out. The majority are now locked in. There is a lesson here. Let me spell it out.... keep reading

The Economist is the best written magazine in English. Its articles are not gloom and doomy. So, when a cover story like this one appears, the editorial staff is worried. This is a "Remain calm . . . please!" editorial.... keep reading

The fear of broken bucks has spread. When investors find out that a money market fund may "break the buck," they run. This causes the fund to break the buck.... keep reading

This hits the credit markets first. Then it hits employment. Then it hits the general economy. Watch the dominoes fall.... keep reading

A document posted on the website of America's largest bank indicates a new policy: restrictions against transfers of large amounts of money into foreign banks.... keep reading

If you have been monitoring this, which I post in the "Free Materials" section of this site, you may already know the answer.... keep reading