We have repeatedly discussed Japan's Central Bank as having a line drawn in the sand and willingness to print money to solve their economic woes. The resulting periodic windfall for Yen carry trades is epic, and we have seen it happen once again.
In other news market indexes such as the S&P 500 and Dow Jones have eclipsed all-time highs despite the increasing headwinds facing the economy - not the least of which is the ongoing sequestration of the US Federal Budget.
I think we have to have some legitimate concerns about the potential impact of the legislated sequestration on markets and the economy as a whole. Our nascent economic recovery has come in large part due to the largesse of government spending in the absence of private sector consumption.
The stock market has gotten off to a great start in 2013 and usually that bodes well for the balance of the year. We have already seen the improvements in effectively all the major indexes and asset classes - and this has happened despite a pretty steep dip in Apple stock after a ho-hum earnings…
Personally I am looking forward to investing in 2013. It is my belief that this year's outlook should be one of optimism, albeit cautious. This year we should begin to learn whether the American public's grand experiment with President Obama's ambitious programs will work. Here's a few things we're looking forward to finding out this…
So here we are with the last Fed POMO Schedule of 2012. December is finally here and all the hijinks from Operation Twist are finally reaching the end of the calendar year. We've been reading recently that due to all the sales from Operation Twist the Fed is slowly running out of inventory of short…
There are 5 good reasons to expect a Santa Claus Rally in 2012, despite some of the doubters and doom-and-gloomers hung up on the fiscal cliff issue and the woes in Europe. We'll take a look at some of the issues coming up in the next month plus and give you our thoughts on why…
