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by
Robert Folsom
3/12/2008 5:15:00 PM
Amidst all the happy words and noises that followed yesterday's story that "Fed Offers $200 Billion Lifeline for Spurned Debt," most news accounts either failed to include or buried the truly relevant details. Looked at closely, the Fed's "Offer" of a "Lifeline" comes attached with the kind of terms you'd expect from a benevolent loan shark.
Filed Under:
$200 billion, AAA rating, AAA ratings, banking, Fed, Federal Reserve, subprime mortgages, Treasuries
Category:
Economy
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by
Nico Isaac
3/12/2008 12:30:00 PM
The conventional wisdom seems to think the U.S. Federal Reserve is to the bourses of Europe and Asia what Botox injections are to movie stars. Consider the recent news stories regarding Germany's DAX rising on "rumors of an emergency rate cut by the Fed." Problem is, the notion that rate cuts will rejuvenate stocks is as false as silicon implants...
Filed Under:
U.S. Fed, Germany, DAX Index, $200 billion, Frankfurt, rate cuts, Neuer market, Schatz Yield, money flow index
Category:
European Markets
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by
Nico Isaac
3/10/2008 3:45:00 PM
Whether it's minutes from the most recent Federal Open Market Committee, excerpts from the latest beige book reading, or some suggestive cough or sneeze in between -- the mainstream media answers the call of the Fed’s voice like a cat to an electric can opener. History shows, however, that all the Fed has to say -- and do -- comes AFTER the biggest moves in U.S. economy have already taken place.
Filed Under:
Federal Reserve, Fed, interest rate cuts, cash infusion, $200 billion, termination auction facility, Labor Department, jobless rate, great depression, conquer the crash
Category:
Economy
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The Elliott Wave Principle is a detailed description of how financial markets behave. The description reveals that mass psychology swings from pessimism to optimism and back in a natural sequence, creating specific Elliott wave patterns in price movements. Each pattern has implications regarding the position of the market within its overall progression, past, present and future. The purpose of Elliott Wave International’s market-oriented publications is to outline the progress of markets in terms of the Wave Principle and to educate interested parties in the successful application of the Wave Principle. While a course of conduct regarding investments can be formulated from such application of the Wave Principle, at no time will Elliott Wave International make specific recommendations for any specific person, and at no time may a reader, caller or viewer be justified in inferring that any such advice is intended. Investing carries risk of losses, and trading futures or options is especially risky because these instruments are highly leveraged, and traders can lose more than their initial margin funds. Information provided by Elliott Wave International is expressed in good faith, but it is not guaranteed. The market service that never makes mistakes does not exist. Long-term success trading or investing in the markets demands recognition of the fact that error and uncertainty are part of any effort to assess future probabilities. Please ask your broker or your advisor to explain all risks to you before making any trading and investing decisions.
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