How many acronyms will fit in one article title? For this weeks articles we’ll cap it at three! Many of this past weeks articles at the Hallmark Abstract Service blog focused on the global economy in conjunction with the turmoil in financial markets around the world. These three acronyms played a critical role… PIIGS: These are the five […]
Summary: Fed rate hikes, like eating Lay’s potato chips, are rarely done just once. Will the Fed raise rates tomorrow as expected and then what will be its plan going forward? ‘Fed Decision: It’s The Final Countdown (Video)‘ Today the Fed begins to deliberate about what will likely be the first interest rate hike in nine […]
In other words, will the Fed raise rates? On its surface the October jobs report blew away expectations showing that the economy added 280,000 jobs when the ‘experts’ and analysts were expecting only a 180,000 job add! In addition the unemployment rate ticked down to 5% from 5.1%. These results would make even the most […]
Last week Fed Chair Janet Yellen decided, in the face of non-crisis level U.S. economic statistics, to leave interest rates unchanged at the economic crisis level of 0%! Her rationale was believable for some and hard to understand for others but, for anyone who listened and for those who didn’t, she mentioned non-U.S. economic factors […]
For those who may not have heard, yesterday afternoon the Fed announced that it will leave its key interest rate at 0%! This move came as a surprise to some and as no surprise to others. I count myself as being in the ‘not surprised’ camp as I expressed in an article from about one […]
What is it that can and often will separate successful businessmen and investors from those who may not be? Often it’s the ability to ‘pull the trigger’ on decisions that may not be that easy to make. In the stock market the best time to buy is often the very time that everyone else is […]
This is a question worth pondering particularly with the rampant speculation over what the Fed will do with interest rates this month! First the obvious thought, what is ZIRP? In a nutshell…’Zero interest-rate policy (ZIRP) is a macroeconomic concept describing conditions with a very low nominal interest rate, such as those in contemporary Japan and, […]
The article below was written in another publication back in 2012 when Ben Bernanke was still running the Fed. I searched for it while listening to Janet Yellen discuss the Fed decision-making process because in many ways it reminded me of listening to Ben Bernanke do the same. Let me know your thoughts on whether […]
US Economic Calendar for the Week of June 9, 2014 For anyone who’s concerned with the future direction of mortgage rates while at the same time is trying to determine what the current condition and overall future direction of the US economy will be, the data scheduled for release during the upcoming week will most certainly provide actual evidence […]
US Economic Calendar for the Week of May 26, 2014 For anyone who’s concerned with the future direction of mortgage rates while at the same time trying to determine what the actual condition of the US economy is, the data scheduled to be released in the upcoming week will most certainly provide some anecdotal evidence and strong clues. This data […]
