Bernanke Semiannual Monetary Policy Report: The benefits of easing continue to outweigh the costs and risks, says Bernanke in his prepared testimony. Maybe putting to rest the kerfuffle from last week's FOMC minutes, he says QE will continue until there are substantial labor market gains. Watch live here. [View news story]
"Every depression and recession in in history has been caused by the collapse of your greed-fueled, unregulated, overbought "free markets"
That is just straight up embarrassing that you said that. You don't think the collapses caused by a run up in both public and private debt fueled by loose monetary policies over the last 80 or so years had anything to do with it do you?
Must have been those crazy free markets....people thinking for themselves, natural interest rates and natural dispersion of wealth that caused the bubbles.
Bernanke Semiannual Monetary Policy Report: The benefits of easing continue to outweigh the costs and risks, says Bernanke in his prepared testimony. Maybe putting to rest the kerfuffle from last week's FOMC minutes, he says QE will continue until there are substantial labor market gains. Watch live here. [View news story]
The bailout was too timid? Really? How much would "enough" have been then?
Bernanke Semiannual Monetary Policy Report: The benefits of easing continue to outweigh the costs and risks, says Bernanke in his prepared testimony. Maybe putting to rest the kerfuffle from last week's FOMC minutes, he says QE will continue until there are substantial labor market gains. Watch live here. [View news story]
"The benefits of easing continue to outweigh the costs and risks"..... until they don't.
U.S. stocks turn decidedly lower in the day's 2nd half thanks to the big turn in Europe on the Italian election results, or the maybe it's the President's borderline apocalyptic warnings should $85B be trimmed from the $4T federal budget. The S&P 500 -0.7%. [View news story]
SPY -0.6%, QQQ -0.8% following numerous economic releases this morning showing any financial market froth from the Fed's QE isn't spilling over into the economy. Long-term Treasurys add to gains, the 10-year yielding 1.97% and TLT +0.7%, TBT -1.4%. [View news story]
What a short lived party that would be! People would get the loot, (hopefully pay down debts) and then go on a spending spree. No one in America saves any more, why would all these Keynes followers want to save? Everyone spends, producers raise their prices, people run out of money. Repeat.
Google (GOOG) gets its $1,000 price target, with CLSA raising to that level citing improving cost-per-clicks (CPCs). Are they serious? In the meantime, Google is set to take on Microsoft (MSFT) with the sale of touchscreen laptops powered by its Chrome operating system. Shares +0.4% premarket. [View news story]
I was specifically referring to the $2,000 calls for 2012...and there were plenty. Castles in the air my friend.
And until that 85B a month actually makes it into the economy, I think we will be yet to see gold take off.
SPY -0.6%, QQQ -0.8% following numerous economic releases this morning showing any financial market froth from the Fed's QE isn't spilling over into the economy. Long-term Treasurys add to gains, the 10-year yielding 1.97% and TLT +0.7%, TBT -1.4%. [View news story]
O no, this was not an overreaction. I am hoping/thinking we might see a bit of a pull back. The market is smarter than me though so who knows!
I think this QE policies are a joke. Let the people overreact!
Warming up to the idea FOMC hawkishness may be getting ahead of itself, precious metals reverse course. Gold's now up $26 from the overnight low, GLD +1%. SLV +0.7%. The dollar, however, continues to strengthen, UUP +0.3%. [View news story]
Remember, you can get a dead cat to bounce if you throw it hard enough too.
SPY -0.6%, QQQ -0.8% following numerous economic releases this morning showing any financial market froth from the Fed's QE isn't spilling over into the economy. Long-term Treasurys add to gains, the 10-year yielding 1.97% and TLT +0.7%, TBT -1.4%. [View news story]
But if QE isn't working what are we going to do? Keynes didn't really have any other options. Toss money and see if it sticks. We threw the money and it stuck.....to balance sheets. Way to go, guys!
S&P futures -0.1% following the 8:30 data - increasing jobless claims, an outsized bump in core CPI - not following Fed script. Helping futures bounce off session lows is a 2% gain in Wal-Mart following news its sales troubles may betax refund related, not tax-hike related. The 10-year Treasury yield falls back below 2%. TLT +0.5% premarket. [View news story]
But I thought QE was supposed to lower claims and not cause the CPI to shoot up? O, that was just the models they drew up. I get it.
Google (GOOG) gets its $1,000 price target, with CLSA raising to that level citing improving cost-per-clicks (CPCs). Are they serious? In the meantime, Google is set to take on Microsoft (MSFT) with the sale of touchscreen laptops powered by its Chrome operating system. Shares +0.4% premarket. [View news story]
I was just going to say, this was Apple's $1,000 or golds $2,000
"High above the Alps, my gnome is hearing that Apple’s shares are lower because of margin calls," writes Doug Kass as Apple (AAPL -1.3%) falls to $444 and cedes its market cap crown for now to Exxon Mobil. The FY13 EPS consensus has fallen to $45.07 from a pre-earnings level of $48.30, but that still puts shares at 6.6x forward EPS exc. cash. The dividend yield is now at 2.4%. (yesterday) [View news story]
Another day of outperformance by the small caps (IWM +0.5%) has the Russell 2000 at a new all-time high of 888. The mid-caps (MDY +0.6%) post an all-time high as well. Despite John Bogle's aversion, small-cap stocks do tend to offer better returns over the long haul. [View news story]
Bernanke Semiannual Monetary Policy Report: The benefits of easing continue to outweigh the costs and risks, says Bernanke in his prepared testimony. Maybe putting to rest the kerfuffle from last week's FOMC minutes, he says QE will continue until there are substantial labor market gains. Watch live here. [View news story]
That is just straight up embarrassing that you said that. You don't think the collapses caused by a run up in both public and private debt fueled by loose monetary policies over the last 80 or so years had anything to do with it do you?
Must have been those crazy free markets....people thinking for themselves, natural interest rates and natural dispersion of wealth that caused the bubbles.
Bernanke Semiannual Monetary Policy Report: The benefits of easing continue to outweigh the costs and risks, says Bernanke in his prepared testimony. Maybe putting to rest the kerfuffle from last week's FOMC minutes, he says QE will continue until there are substantial labor market gains. Watch live here. [View news story]
Bernanke Semiannual Monetary Policy Report: The benefits of easing continue to outweigh the costs and risks, says Bernanke in his prepared testimony. Maybe putting to rest the kerfuffle from last week's FOMC minutes, he says QE will continue until there are substantial labor market gains. Watch live here. [View news story]
U.S. stocks turn decidedly lower in the day's 2nd half thanks to the big turn in Europe on the Italian election results, or the maybe it's the President's borderline apocalyptic warnings should $85B be trimmed from the $4T federal budget. The S&P 500 -0.7%. [View news story]
SPY -0.6%, QQQ -0.8% following numerous economic releases this morning showing any financial market froth from the Fed's QE isn't spilling over into the economy. Long-term Treasurys add to gains, the 10-year yielding 1.97% and TLT +0.7%, TBT -1.4%. [View news story]
Google (GOOG) gets its $1,000 price target, with CLSA raising to that level citing improving cost-per-clicks (CPCs). Are they serious? In the meantime, Google is set to take on Microsoft (MSFT) with the sale of touchscreen laptops powered by its Chrome operating system. Shares +0.4% premarket. [View news story]
And until that 85B a month actually makes it into the economy, I think we will be yet to see gold take off.
SPY -0.6%, QQQ -0.8% following numerous economic releases this morning showing any financial market froth from the Fed's QE isn't spilling over into the economy. Long-term Treasurys add to gains, the 10-year yielding 1.97% and TLT +0.7%, TBT -1.4%. [View news story]
I think this QE policies are a joke. Let the people overreact!
Warming up to the idea FOMC hawkishness may be getting ahead of itself, precious metals reverse course. Gold's now up $26 from the overnight low, GLD +1%. SLV +0.7%. The dollar, however, continues to strengthen, UUP +0.3%. [View news story]
SPY -0.6%, QQQ -0.8% following numerous economic releases this morning showing any financial market froth from the Fed's QE isn't spilling over into the economy. Long-term Treasurys add to gains, the 10-year yielding 1.97% and TLT +0.7%, TBT -1.4%. [View news story]
February Philly Fed Business Outlook: -12.5 vs. +1.0 expected, -5.8 previous. [View news story]
S&P futures -0.1% following the 8:30 data - increasing jobless claims, an outsized bump in core CPI - not following Fed script. Helping futures bounce off session lows is a 2% gain in Wal-Mart following news its sales troubles may be tax refund related, not tax-hike related. The 10-year Treasury yield falls back below 2%. TLT +0.5% premarket. [View news story]
Google (GOOG) gets its $1,000 price target, with CLSA raising to that level citing improving cost-per-clicks (CPCs). Are they serious? In the meantime, Google is set to take on Microsoft (MSFT) with the sale of touchscreen laptops powered by its Chrome operating system. Shares +0.4% premarket. [View news story]
"High above the Alps, my gnome is hearing that Apple’s shares are lower because of margin calls," writes Doug Kass as Apple (AAPL -1.3%) falls to $444 and cedes its market cap crown for now to Exxon Mobil. The FY13 EPS consensus has fallen to $45.07 from a pre-earnings level of $48.30, but that still puts shares at 6.6x forward EPS exc. cash. The dividend yield is now at 2.4%. (yesterday) [View news story]
So I will take this as a joke.
Lessons Learned From An Apple Bull [View article]
I think so.
Another day of outperformance by the small caps (IWM +0.5%) has the Russell 2000 at a new all-time high of 888. The mid-caps (MDY +0.6%) post an all-time high as well. Despite John Bogle's aversion, small-cap stocks do tend to offer better returns over the long haul. [View news story]