Category Archives: Monetary Policy

Watching the “Fed” – What’s Next?

During the tech bubble recession, the Federal Reserve (“the Fed”) reacted by lowering the Fed funds rate13 times in a row from January 2001 to June 2003. The Fed then raised the rate 17 times in a row from June … Continue reading

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“Bazooka Style” Economic Interventions – How Should I invest in the U.S. and Abroad ?

First, some background: Toward the end of 2008, to further stimulate the U.S. economy after the discount rate was lowered to near 0 percent, the Federal Reserve (the Fed) started buying debt in the open market, a policy known as … Continue reading

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Bye-Bye Miss American Pie

Middle Class are the New Poor For many Americans, to be middle class was aspirational: a good paying and secure job, new cars, college education for the children, a comfortable retirement in a home that was close to paid off … Continue reading

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If It’s Tuesday, It Must Be Belgium

Eurozoning Out The eurozone’s outlook was the most grave since the slow motion train wreck of European sovereign debt began two years ago. The European Central Bank (“ECB”) still needed to show its resolve in backstopping member country debt. The … Continue reading

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Easy Money

2001: A Money Odyssey Former Fed Chairman Alan Greenspan focused on the “irrational exuberance” of the stock market.  When ultimately the Dot Com stock market bubble burst, with the NASDAQ Composite Index eventually dropping 80%, Mr. Greenspan went into action … Continue reading

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