Eisenbeis: If the FOMC doesn’t have such a plan in place, then it shouldn’t say “it depends on incoming data.”
Smyth: There seems to be an expectation that the end of QE will be bullish for the Dollar and therefore bearish for gold. My view is the end of QE will be bearish for all those asset classes which require QE for life support
There is no greater crime in Washington today than speaking truth about the US economy in public. This is why Ben Bernanke is not being reappointed for another term as Fed Chairman.
In the real economy on Main Street, the circumstances are different. If you want to buy a house in the US and you need a conventional mortgage, and if you are not a speculator and want to live in dwelling, your costs have now risen substantially.
How is it possible to NOT monetize 200 million eyeballs?
So much for that revolution, but don't worry about the oil companies losing money, price rises are assured.
The 2011 actions of the FDIC ending the safe harbor for true sales locked in a solution to TBTF
"It's highly debatable whether AAPL iCloud is making the inroads that they predicted..."
The diminishing returns of the Fed's quantitative easing are very evident in the latest WFC results.
With the Fed and Bank of Japan buying nearly every government and agency security on the planet, even a completely rancid pile of bollocks might look and smell like a lovely red rose...
We all know that double digit inflation in HPA is not a good thing for the long term recovery of the housing market.
Cost reductions and layoffs are the drivers for bank earnings... Watch those ski tips.
The overtly inflationary policy stance of the FOMC is especially significant when you consider that Fed Chairman Ben Bernanke is no longer in control of monetary policy.
Events in Cyprus stem from precisely the same source as the surge in US home prices, namely monetary expansion by the Fed.
Yo Liz: Subsidies for the zombie banks total more than $3 annually for every dollar in income reported by the industry...