Investors’ collective hunger for new sources of yield has been well documented over the past several years. Since the Federal Reserve adopted a Zero Interest Rate Policy (ZIRP) and embarked…
Continue Reading »

Posted in Investing
Tagged dividend yield, Federal Reserve, quantitative easing, Zero Interest Rate Policy

On November 9, the Bureau of Labor Statistics released data for U.S. import prices showing a higher than expected increase of 0.5% for the month of October. While some of…
Continue Reading »

Posted in U.S. Policy & Politics
Tagged currency, Fed, purchasing power, quantitative easing

Having been away for a few days and returning after a debate, I came into work today expecting allocations to change, hedges to move and stop-outs to be executed. Fortunately,…
Continue Reading »

Posted in U.S. Policy & Politics
Tagged Fed, quantitative easing, U.S. economy

I’m visualizing Paul Volcker chomping down hard on his cigar and Alan Greenspan smacking a raw serve into the net. Why? Several senior Federal Reserve officials, notably, regional presidents Fisher,…
Continue Reading »

Posted in U.S. Policy & Politics
Tagged Bernanke, deflation, employment, Federal Reserve, futures, Greenspan, inflation, liquidity, monetary policy, QE2, quantitative easing, TIPS, Treasuries, Volcker