Sitting in his large office suite on the top floor of the Federal Reserve Building on 20th Street and Constitution Avenue, Chairman Bernanke was dreading the morning of June 1. Coming…
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Posted in U.S. Policy & Politics
Tagged Bernanke, Fed, U.S. economy
Since I didn’t get in too much trouble making reference to a religious text a few weeks ago, I’ll take an even riskier tack and try to make sense of…
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Posted in U.S. Policy & Politics
Tagged Fed, Federal Reserve, monetary policy
As a bond investor, I am cursed to worry. It’s the nature of the beast. Last Friday’s disappointing job report, combined with a fresh rise in Spanish borrowing costs, was…
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Posted in Global Economy
Tagged bond, economic recovery, Europe, European Central Bank, Fed, Spain
Most of us were brought up to understand that discussing either politics or religion in public was, at best, bad manners, and discussing either in a business setting was strictly…
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Posted in U.S. Policy & Politics
Tagged Bernanke, employment, Fed, financial crisis
The New Year marked the end of the adrenalin rush for investors. Since the summer of 2007, investors around the globe have been hooked on the headlines. The drivers of…
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Posted in Global Economy
Tagged Fed, financial crisis, financial markets, fiscal policy, global economy, global financial markets