Columns

The Real Reason Oil Prices Plunged

Despite there being a bigger surplus in 2012 to 2013, the price of oil back then did not plunge as much or as fast as it has since the summer. What gives?

The Fed's Santa Claus Rally

One has to wonder what’s going to happen when U.S. markets grow up and realize there is no Santa Claus. 

Fed In No Hurry to Raise Rates

The Fed surprised most everyone by essentially doubling-down on its dovish policy of keeping interest rates at near-zero for the foreseeable future.

Slacking Toward a Rate Hike

Everyone knows there's 'slack' in the labor market, the question is how it will impact the central bank's decision on timing and trajectory of interest-rate hikes.

QE Can Be Judged By What Didn't Happen

The most interesting thing about QE is that the experimental policy is defined not by what did happen as a result of all the money-printing and bond-purchasing, but rather by what didn’t happen.

Zombie Land, U.S.A.

The same debate Japan has been having since the ‘90s over undead businesses still in operation is now breaking out in the U.S. and in Europe.

Fed's Fisher to FOX Business: No QE4

Dallas Federal Reserve President Richard Fisher told FOX Business it’s “way too premature” to consider another round of bond purchases despite the recent market downturn.

Plosser's FOMC Dissent Points To Larger Debate

Philly Fed President Charles Plosser's lone dissent gives voice to a much larger debate taking place over when and how the Fed should raise interest rates. Fed Continues $10B Taper | READ: FOMC June Meeting Statement

Fed Guidance: Damned If They Do...

The quest for specifics as to when the Fed might start raising interest rates has turned into something resembling a high-stakes game of cat and mouse.

Yellen Still Mum on Bubbles

Fed Chair Janet Yellen should avoid the tainted legacies of her predecessors -- Ben Bernanke and Alan Greenspan -- both burned by ignoring signs of emerging financial bubbles.  

Market Pros, Media Seek Red Meat from Fed

Most Americans don't pay much attention to what goes on at the Fed on a daily basis, and that's a good thing. Market pros and the media, on the other hand...