Monthly Archives: April 2012

Stock v Flow – Bernanke v Gross

on Monday we addressed the Stock v Flow debate and posited that while the Fed believes its the stock that matters, what really matters is what the market believes. Monday we stated: Ultimately it doesn’t matter what the Fed believes … Continue reading

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Chalk One Up For The Hawks

One of the more interesting outcomes from Bernanke’s press conference today was the question asked by the NYTimes reporter who asked why the Fed wasn’t doing more to stimulate in order to bring down unemployment at a faster rate.  Clearly … Continue reading

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Risk in Risk-Free

while the $AAPL love fest is going on after hours and the $SP_F is higher looking to trap shorts tomorrow morning we think investors need to be aware of the potential risk in the $TY_F contract especially in light of … Continue reading

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Stock v Flow – What Does the Market Believe?

this morning we read an Bloomberg article discussing comments made by Fed Vice Chair Janet Yellen in relation to the end of Operation Twist.  She said that when the program ends in June it will not amount to tightening policy … Continue reading

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Barron’s Big Money Poll

Barron’s Big Money Poll – See US Treasury Bears Bonds are another matter, however. Eighty-one percent of our respondents are bearish on Treasuries after a multi-decade bull market, and few are bullish on fixed-income assets of any stripe, including corporates … Continue reading

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Thinking Like a Crook

the blogosphere and chartTweets are all seeing the same thing.  The SPX is in a rising channel and the make-or-break is above 1398 or below 1375.  If everyone sees the same thing, chances are its not happening and thinking like … Continue reading

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Don’t Fight the Fed?

its no secret the Fed has been debasing the currency and one of the prime beneficiaries has been the price of gold.  While they would not admit it publicly there is little doubt it is an implicit goal of monetary … Continue reading

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