FED Raises Interest Rates- ROC’s Retain Buy Signal

At the Federal Reserve's recent policy meeting on Wednesday, December 14th the FED raised their federal-funds target interest rate by a quarter percentage point, to range between 0.50% and 0.75%. Fed officials pointed to a strengthening economy and … [Read more...]

The Fed’s Alice In Wonderland Economy – What’s Next?

By Nick Giambruno After the president of the United States, the most powerful person on the planet is the chairman of the Federal Reserve. Ask almost anyone on the street for the name of the U.S. president, and you’ll get a quick … [Read more...]

Central Bank Smackdown

By John Mauldin Smackdown: smack•down, ?smak?doun/, noun, US informal 1.  a bitter contest or confrontation. "the age-old man versus Nature smackdown" 2.  a decisive or humiliating defeat or setback. The term “smackdown” was first used by … [Read more...]

Yellen’s Wand Is Running Low on Magic

The FED Thinks it has a "Magic Wand" that can boost the economy and solve all of our country's problems. But as interest rates near zero... By Doug French, Contributing Editor How important is housing to the American economy? If a 2011 SMU … [Read more...]

Edgar Allen Poe vs. The FED

Quoth the Maven, “Evermore” By Grant Williams On January 29, 1845, the New York Evening Mirror published a poem that would go on to be one of the most celebrated narrative poems ever penned. It depicted a tragic romantic's desperate descent … [Read more...]

With Summers Out: Which Way for Stocks?

I've never been a fan of Larry Summers. Perhaps he was too smart for his own good. After all, he was responsible for driving Jack Meyer out of managing the Harvard endowment fund. Meyer took the Harvard Endowment from $4.8 billion to $25.9 billion in … [Read more...]

Is Obama’s Black Swan Coming Soon?

What is a "Black Swan"? According to Wikipedia... The phrase "black swan" was a common expression in 16th century London as a statement of impossibility. The London expression derives from the Old World presumption that all swans must be white … [Read more...]

Obama’s Comments Worry Stock Bulls

In my recent NASDAQ ROC stock commentary I said, Caution: Watch for the next sell signal. From the sell signal in July of 1996 to the final Sell signal in April of 2000 was roughly 3 ½ years. The time from the sell signal in April 2004 until the … [Read more...]

Was the AIG Bailout a Scam?

AIG is suing the Government. At first it seems highly ungrateful for AIG to sue its "White Knight" who swooped in to rescue it in its time of need. But when we look a bit deeper we may find that all is not as it seemed at the time. Republican Senator … [Read more...]

Have you heard about the Fed’s 180 degree turn?

How the Federal Reserve is Showing Financial Fear Think about one of those movie scenes when the leading man does all he can to defeat the big, bad enemy -- punches, kicks, slams, stabs, shoots -- but the bad guy just won't go down. In fact he … [Read more...]