Federal Reserve

By Closing Above Its “QE2 Reference Price”, Dollar Increases Pressure On Fed

(This is an excerpt from an article I originally published on Seeking Alpha on July 26, 2012. Click here to read the entire piece.) I did not think it would happen, but the dollar index finally closed above its “QE2 reference price.” {snip} I have contended that if the dollar index reached current levels, the … Read more

Atlanta Fed’s Lockhart: “QE3 Is An Option”

(This is an excerpt from an article I originally published on Seeking Alpha on June 29, 2012. Click here to read the entire piece.) On June 27, 2012, Nightly Business Report interviewed Dennis Lockhart, President of the Atlanta Federal Reserve about the U.S. economy. During the interview, Lockhart indicated that the economic anecdotes he hears … Read more

So Far So Good On Buying Dips In British Pound

(This is an excerpt from an article I originally published on Seeking Alpha on June 19, 2012. Click here to read the entire piece.) In “British Pound Surges Into Resistance – Buy Dips As Government and Bank of England Try To Ease Credit Crunch” on June 15th I argued that it is time to buy … Read more

Yellen’s Case for More Easing Primes Fed to Act Sooner Than Later

(This is an excerpt from an article I originally published on Seeking Alpha on June 15, 2012. Click here to read the entire piece.) {snip}…I decided to summarize the last two speeches from U.S. Federal Reserve Vice Chair Janet L. Yellen given her strong advocacy for pro-active intervention on behalf of the U.S. economy…{snip}… I … Read more

Austerity Under Fire: One of Several Economic Drags on the U.K. Versus the U.S.

(This is an excerpt from an article I originally published on Seeking Alpha on April 30, 2012. Click here to read the entire piece.) As recession descends across Europe, fiscal policies have received extra scrutiny. Austerity measures have been promoted as keys for long-term economic stability but the necessary short-term pains have been understated. Without … Read more