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Markets

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Fed Shocker: No Taper

Sep 18, 2013 at 15:50

As we've long said, the Fed has put itself in a box. The Federal Reserve today (9/18/13) surprised the world, and myself, too, by not reducing the amount of bond…

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Fed Bizarro World; One-Sided Risk Assessment; The $64 Trillion Question

Sep 18, 2013 at 15:44

The reaction to the FOMC no tapering news was a simple one "Party on dudes, in anything and everything, and in a big way."

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Gold in India: Strong Support Zone Reached. What's Next?

Sep 18, 2013 at 15:08

Today, gold in the global market extended losses into a third session and dropped below $1,300 an ounce, with investors expecting the U.S. Federal Reserve to announce a reduction in…

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What Does The Fed's Decision Really Mean?

Sep 18, 2013 at 14:55

The Fed shocked financial markets Wednesday afternoon with a decision to hold off on tapering its $85 billion per month in asset purchases intended to stimulate the economy.

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The Taper That Wasn't

Sep 18, 2013 at 13:22

The Fed's failure today to announce some sort of tapering of its QE program, despite the consensus of an overwhelming percentage of economists who expected action, once again reveals the…

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The Only Legal Way to Escape US Taxes Besides Death and Renunciation

Sep 18, 2013 at 12:23

When I hear about strategies that purport to legally allow US citizens to avoid having to pay income taxes, the first thing that usually comes to mind is that it…

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How Exactly Will Tapering Affect Gold Bullion Investment?

Sep 18, 2013 at 11:44

Next week the FOMC will meet for one their eight scheduled meetings. It is this particular meeting that has had traders, market commentators and investors almost in frenzy as they…

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John Thain on Bloomberg TV: Dark Pools Should Be Closed

Sep 18, 2013 at 11:09

John Thain--chairman and CEO of CIT Group, former CEO of Merrill Lynch and former CEO of NYSE--sat down for a wide-ranging interview with Bloomberg Television's Erik Schatzker and Stephanie Ruhle…

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The Perfect Fed Statement For Stock Market Bulls

Sep 18, 2013 at 10:14

In terms of the impact on the financial markets, the closer this week's Fed statement comes to meeting market expectations, the better for the stock market bulls. The market believes…

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Dollar Outlook: #Taper, #Yellen, #GermanElections

Sep 18, 2013 at 08:04

Why are the markets so excited that the smartest guy in the room takes his name out of the running for the most powerful job in the world? With Larry…