With the election season now in full swing, I will be posting some occasional political commentaries in addition to my Friday postings that typically focus on non-political topics such as the economy, the markets, etc. These election/political commentaries will usually be posted on Wednesdays (but not necessarily every Wednesday). Many agree that this will be… Continue Reading
Monthly Archives: June 2012
Bernanke: All Policy Tools Still on the Table
The last month or so has been a tumultuous time in the markets. Fears about the European debt crisis intensified, particularly with regard to Spain, which I wrote in detail about on Tuesday. At the same time, we had several disappointing economic reports, including last week’s weak GDP report and unemployment numbers. Numerous forecasters warned… Continue Reading
Key Economic Reports Disappoint This Week
Four important economic reports came out this week, and all four were weaker than expected. On Tuesday, the Conference Board reported that the Consumer Confidence Index unexpectedly fell in May to a reading of 64.9, down from 68.7 in April. Analysts had expected the CCI to rise to 70, so it was quite a surprise… Continue Reading