Why The Fed Can’t Win

Are they doves or hawks? The FOMC minutes (Federal Open Market Committee -The branch of the Federal Reserve Board that determines the direction of monetary policy) were released Wednesday and we still do not get a clear picture of where rates are going. The minutes we...

Chinese Bag of Tricks

Overnight, Chinese exports have just become a lot cheaper. Why would China devalue their currency to make their goods less expensive? It’s a bet that China’s goods will be more competitive in the global market, and their economy will benefit in response. But now, this...

All about the J-O-B-S

Apple has lost over $105 billion in market cap (market capitalization or market cap is the total money market value of the shares outstanding of a publicly traded company; it is equal to the share price times the number of shares outstanding) over the last two weeks....

And the Fed Speaks with Silence…

We said on Tuesday that Wednesday was going to be epic, and luckily we adverted epic failure and were rewarded with silence. Nothing new, nothing earth shattering, just more of the same…stay the course…and we will take that as an epic success. The Fed continues to...