Do Wolves Attack Sheep?

Most of our readers are not likely to know that last week featured a five day military encounter between the Indian Army and the commandos of the Pakistani quasi-military organization Lashkar-e-Toiba. This is the same organization that attacked Mumbai in November 2008 killing several hundred innocent civilians. The encounter took place in the thick forests…

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CNBC’s Fast Money – Playing Fast & Loose With Facts About FED & US Treasuries?

On Thursday, March 26, 2009, Mr. Joe Terranova made an “expert” appearance on CNBC’s Fast Money Show to discuss “Trading China’s Stimulus”. He quickly launched into his favorite topic, US Treasuries. He actually suggested on American National TV that the US Federal Reserve was following the lead of Chinese Government in buying the same maturities of US Treasuries…

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Bernanke Does Good But Big Money & Its CNBC Anchor Friends Cry Foul

Our first article about Ben Bernanke on this blog was titled “Jim Cramer on Ben Bernanke – Fair in August 2007 and Unfair in August 2008” ( https://cinemarasik.com/2008/08/01/jim-cramer-on-ben-bernanke—fair-in-august-2007-and-unfair-in-august-2008.aspx%C2%A0 ).In that article, we coined the term “Mo-Force” to describe the (then) enormous, gigantic pool of capital in the hands of  short-term, performance-oriented investors or commonly called the…

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What Is “Taylor Rule”? What Does It Say Now? Was It A Factor In Bernanke’s Decision?

The Taylor Rule, proposed first by economist John Taylor in 1993, is a monetary policy formula (or rule) that stipulates how much the Federal Reserve Bank should change its federal funds rate in response to GDP (gross domestic product) and inflation. For example, if inflation were to rise by 1%, the proper Taylor Rule response would be…

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